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Zain Q2 net profit grows 17% to $138mn - ARAB TIMES

BOARD RECOMMENDS HALF-YEAR DIVIDEND OF 10 FILS
Zain Group, a leading telecommunications innovator operating in seven markets across the Middle East and Africa, announces its consolidated financial results for the six months to June 30, 2021. Zain served 48.3 million customers at the end of the period, a 1% increase year-on-year (Y-o-Y).
Ahmed Al Tahous, Zain Group Chairman and Bader Al-Kharafi , Vice-Chairman and Group CEO
For the first six months of 2021 (H1) Zain Group generated consolidated revenue of KD 750 million (USD 2.5 billion), a decrease of 3% Y-o-Y. EBITDA for the period reached KD 310 million (USD 1.03 billion), down 6% Y-o-Y, reflecting an EBITDA margin of 41%. Net income amounted to KD 86 million (USD 285 million), up 5% Y-o-Y, reflecting earnings per share of 20 fils (USD 0.07). For H1 2021, foreign currency translation was impacted mainly due to the currency devaluation in Sudan from 55 in January 2021 to 444 (SDG / USD) end of June 2021, and a 19% cur ....

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Zain Group second quarter 2021 net profit grows 17% to reach

Zain Group second quarter 2021 net profit grows 17% to reach
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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Zain Group Q2 2021 net profit grows 17% to reach $138 million

Zain Group Q2 2021 net profit grows 17% to reach $138 million
kuwaittimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuwaittimes.net Daily Mail and Mail on Sunday newspapers.

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Zain Group generates revenue of $1.3bn, net

Zain Group generates revenue of $1.3bn, net
kuwaittimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuwaittimes.net Daily Mail and Mail on Sunday newspapers.

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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 an EBITDA margin of 41%. Net income for the quarter reached KD 45 million (USD 147 million), down 5% Y-o-Y reflecting an Earnings Per Share of 10 Fils (USD 0.03). Significantly, Zain Group net income grew operationally by 4% Y-o-Y for Q1, 2021, when excluding the one-time gain from the sale and lease back of towers in Kuwait during Q1 2020. ....

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