Telecommunications company Dhiraagu has recorded a net profit of USD16 million in the fourth quarter of 2022.
In the latest financial report, Dhiraagu recorded a net profit of USD16 million in the fourth quarter, which is a 21% increase compared to the USD13 million received in the third quarter. It also recorded revenue of USD45 million in the fourth quarter, which is an 11% increase compared to the USD41 million recorded in the third quarter.
Dhiraagu received its revenue mainly from fixed broadband and enterprise services. The report shows that Dhiraagu received USD23 million from mobile services and USD22 million from fixed, broadband, and enterprise services in the fourth quarter. Overall, this is an increase compared to the USD21 million in revenue received from mobile services and USD19 million from fixed, broadband, and enterprise services in the third quarter.