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Addendum announcement from Mobile Telecommunication Company Saudi Arabia (Zain) related to the interim financial results for the period ending on 30-09-2017 (Nine Months)

ZAIN KSA 7030 -8.68% 12.62 -1.20

Addendum announcement from Mobile Telecommunications Company Saudi Arabia (Zain) further to its previous announcement on 25/10/2017 related to the interim financial results for the period ending on 30/09/2017 (Nine Months), the Company would like to add to the other notes in its previous announcement the following:

-Total comprehensive income reached SAR 6 million during Q3 2017 compared to total comprehensive loss SAR 267 million during Q3 2016, and SAR 6 million during Q2 2017 as a result there is no significant deviation between comprehensive income for Q2 2017 and Q3 2017. Meanwhile, total comprehensive income reached SAR 52 million during current period compared to total comprehensive loss SAR 856 million during same period of previous year.

It is also included in the other notes in the previous announcement the following:

- Revenue reached SAR 1,807 million during Q3 2017 compared to SAR 1,634 million during Q3 2016 with an increase of 11%. Meanwhile, revenues reached SAR 5,590 million during current period compared to SAR 5,126 million same period of previous year with an increase of 9%, where data revenue represents 52% (excluding value added services & SMS).

- Operational profit reached SAR 229 million during Q3 2017 compared to operational loss SAR 2 million during Q3 2016. Meanwhile, operational profit reached SAR 737 million during current period compared to operational loss SAR 142 million during same period of previous year.

- Net profit reached SAR 3 million during Q3 2017 compared to net loss SAR 266 million during Q3 2016, and SAR 8 million during Q2 2017 with a decrease of 62.5%. Meanwhile, net profit reached SAR 57 million during current period compared to net loss SAR 844 million during same period of previous year.

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