Dhiraagu posts MVR158.6mn in profits for Q3-2020

Maldives telecommunication giant, Dhiraagu posts MVR158.6 million in profit for third quarter of 2020.

Moreover, the company’s profit in review quarter is a MVR29.1 million improvement over the preceding quarter – a 22% increment.

The strongest revenue churner for Dhiraagu remains its mobile or telecom services with earnings at MVR329.7 million.

Furthermore, total revenue during review quarter stood at MVR586.7 million – 7% increment over second quarter.

The operating expenditure of Dhiraagu during the third quarter increased by MVR298 million, marking a MVR6 million increase from the previous quarter.

Meanwhile, Dhiraagu made settlement of MVR27.8 million in taxes.