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Dubai: Emirates has announced Integrated Telecommunications “du” financial results for the first quarter of 2010, which showed a strong start to achieving the highest quarterly revenue ever for the company as well as sustainable increases in the number of mobile phone subscribers.

The “Du” in a statement to Arab News Network “Ocean”, a copy of it has achieved a net profit “before the franchise rights to” increase four-fold to 194 million AED, compared to 47 million dirhams in the first quarter of 2009, and net Basic earnings before deduction of royalties by 15% compared to the fourth quarter of 2009, was 169 million AED.

The total revenue in the first quarter achieved AED 1.58 million, up 36% compared to the first quarter of 2009, amounting to AED 1.166 million, increasing 3% compared to AED 1.53 million in the fourth quarter of 2009.

The statement said that “de” recorded an increase in gross profit margin by 34% to 1.042 million AED 755 million AED in the first quarter of 2009, and increase the quarterly rate of 5% for the fourth quarter of 2009, where 993 million AED.

Commenting on these results, “said Ahmed bin Bayat, Chairman of du, said:” This is an encouraging start of the 2010 revenues for the first quarter and won a sustainable and supports the results of some new initiatives in important areas, including a rights issue proposed priority, which will provide greater momentum and accelerate the growth strategy constant of the company, which prevents de mature company to meet that future funding effectively. We look forward to exploit the opportunity that we have many opportunities in the coming years. “