Comments about Emirates Integrated Telecommunications Q2 2008 results
24 Jul 2008 (am): Although Du Telecom lost money for the quarter, there was a substantial decrease compared to the previous year, and it's about a third less than the previous quarter, so Du should be on track to turn a profit by sometime in 2009.
2008 Q1 and Q2 financial statements from Du don't match up though. 08H1 results should equal 08Q1 + 08Q2 figures. They do for Revenue and Net Profit, but not for Cost of Sales, Gross Profit, Other Income and Expenses. Presumably something has been restated in 08Q2 accounts but it's not clear what. The differences are not significant.
Have your say in the DU 2008 Q2 results forum topic, includes directors reports and news, if available.
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