Zain Bahrain has issued its financial results for the year of 2014, showing a plunge in net earnings by 23.3%.

The Company has recorded profits worth BHD 4.14 million ($10,9019 million) by the end of 2014, compared to BHD 5.40 million ($14,20199 million) in the corresponding period of 2013.

Meanwhile, Zain’s earnings posted BHD 1.22 million in the fourth quarter of 2014 against BHD 1.64 million in the same period of the previous year, registering a drop by 25.6%.

Moreover, the Company’s revenues reached nearly BHD 72 million by the end of 2014, compared to BHD 78 million by the end of 2013, declining by 81%.

Furthermore, Zain’s net profits stood at BHD 2,924 million in the first nine months of 2014 against BHD 3.76 million in the corresponding period of the previous year, falling by 22%.