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MENA's Zain Group net profit zooms up 17% in Q2 - Developing Telecoms

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The telecommunications giant operating in seven markets across the Middle East and Africa (MENA) region said that its quarterly net profits increased by 17% to reach 41 million dinars (US$138 million).
Revenue was stable at KD369 million ($1.2 billion), while EBITDA for the quarter was down 5% at KD152 million ($506 million). ....

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Zain Group Revenues in Q2 Hits $2.5 Billion

Zain Group Revenues in Q2 Hits $2.5 Billion
albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.

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Zain Group's Q2 net profit surges 17pc, revenue hits $2.5bn

Zain Group's Q2 net profit surges 17pc, revenue hits $2.5bn
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

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جريدة البلاد | "زين" ترفع أرباحها 17% في الربع الثاني لتصل إلى 138 مليون دولار

جريدة البلاد | "زين" ترفع أرباحها 17% في الربع الثاني لتصل إلى 138 مليون دولار
albiladpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albiladpress.com Daily Mail and Mail on Sunday newspapers.

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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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