Live Breaking News & Updates on ஸேந் துணை தலைவர்

Stay updated with breaking news from ஸேந் துணை தலைவர். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

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 ....

South Sudan , Saudi Arabia , Bader Nasser Al Kharafi , Ahmed Al Tahous , Bader Al Kharafi , Board Of Directors Zain Group , Group Key Performance Indicators , Zain Group Application Program Interface , Zain Group , Zain Global Services , Middle East , Zain Group Chairman , Key Performance Indicators , Operational Notes , General Assembly , Retained Earnings , Child Online Safety Booklet , Global Good Governance Awards , Diversity Award , Sustainability Award , Championship Award , Women Empowerment , World Finance Best Corporate Governance Award , Zain Vice Chairman , Extraordinary General Assembly , Zain Iraq ,