Mubasher: The board members of Mobile Telecommunications (Zain) will discuss the income statements for fiscal year 2017 on Wednesday, according to a bourse filing on Tuesday.

In the first nine months of FY17, Zain reported a decline of 1.6% in profits to KWD 122 million compared to KWD 124 million in the same period in 2016.

At the stock level, Zain closed Tuesday’s session 1.09% lower at 454 fils after 2.25 million shares were exchanged at a value of KWD 1.02 million.