TECOM Group Reports 9% Net Profit Growth in H1 2026
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TECOM Group PJSC reported a 9% year-on-year increase in recurring net profit for the first half of 2026, reaching AED805 million. Revenue rose 11% to over AED1.5 billion, driven by higher occupancy rates and contributions from portfolio expansion. Occupancy across the group's portfolio increased to 97%. The Board of Directors approved an interim cash dividend of AED440 million. EBITDA increased 10% to over AED1.2 billion, generating a margin of 79%. Funds from operations (FFO) rose 12% to AED1.1 billion.
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مجموعة تيكوم تسجّل نمواً بنسبة 9% في صافي الربح في النصف الأول من العا...
TECOM Group reports 9% net profit growth in H1 2026 to AED 805 million...
TECOM Group reports 9% net profit growth in first half of 2026 to AED8...
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