DUBAI, Nov 1 (Reuters) - Emirates Integrated Telecommunications Co (EITC), known as du, posted a 7.4 percent fall in third-quarter net profit on Thursday.
The United Arab Emirates’ No. 2 telecom operator reported a net profit after royalty of 441 million dirhams ($120 million) in the three months to Sept. 30, down from 476 million dirhams a year ago.
Revenue rose 6.4 percent to 3.3 billion dirhams, the company said.
SICO Bahrain and EFG Hermes forecast du would make a quarterly net profit of 467.15 million dirhams and 457.01 million dirhams, respectively.
Rival Etisalat last week reported a 4.2 percent drop in third-quarter net profit. ($1 = 3.6728 UAE dirhams) (Reporting by Alexander Cornwell; Editing by Sunil Nair)