Zain generates $1.3bn revenue for Q1 - ARAB TIMES
Group records net profit income of $147 million for Q1; EBITDA reaches $523 million KUWAIT CITY, May 9: Zain Group, a leading mobile innovator with operations in seven markets across the Middle East and Africa, has announced its consolidated financial results for the first quarter (Q1) ended March 31, 2021. Zain served 48.5 million customers at the end of the period. Zain Group generated consolidated Revenue of KD 382 million (USD 1.3 billion) for the first quarter of 2021, down 6% year-on-year (Y-o-Y). EBITDA for the quarter reached KD 158 million (USD 523 million), down 7% Y-o-Y, reflecting...
Source: arabtimesonline.com