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Dhiraagu records USD 14 million in profit in the first quarter of 2021

Telecommunications company Dhiraagu has recorded USD 14 million in profit in the first quarter of 2021.

The quarterly report shows Dhiraagu received an increase in profit in the first quarter of 2021, compared to the USD 12.3 million recorded in the last quarter of 2020. The report shows Dhiraagu received USD 43 million in revenue in the first quarter of 2021, of which USD 25 million were revenue from the company's mobile services, and USD 16.6 million were from fixed broadband and enterprise services. The revenue received from these services this quarter is an increase compared to the fourth quarter of 2020.

The quarterly report also shows the operating cost of Dhiraagu has increased this quarter. The operating cost for the first quarter of this year was USD 19.5 million, while the operating cost for the previous quarter was USD 19.2 million.