Etihad Etisalat Company reported consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company posted revenues of 2013 amounted to SAR 7.20 billion compared to SAR 6.43 billion for the previous quarter, an increase of 12%, and compared to SAR 6.76 billion for the fourth quarter of the previous year, an increase of 7%. The net profit amounted to SAR 2.04 billion against SAR 1.69 billion for the previous quarter, an increase of 21%, and against SAR 1.88 billion for the same period of the previous year, an increase of 9%.

For the year, the company posted revenues recorded SAR 25.19 billion compared to SAR 23.59 billion for the same period of the previous year, an increase of 7%. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased to SAR 9.19 billion compared to SAR 8.53 billion for the same period of the previous year. The net profit amounted to SAR 6.68 billion compared to SAR 6.02 billion for the same period of the previous year. Earnings per share amounted to SAR 8.67 compared to SAR 7.82 for the same period of the previous year, an increase of 11%.