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Zain profits rise 6% in H1

Zain profits rise 6% in H1
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ZAIN
ZAIN
-0.81% 491.00 -4.00

Mubasher: Zain Group reported a 6% increase in net profits to KWD 86.4 million ($287 million) in the first six months of 2018.

Earnings per Share (EPS) reached KWD 0.02 per share, as consolidated revenue remained steady at KWD 503 million in H1-18, the company said in a statement as reported by the Kuwait News Agency (KUNA).

Zain also witnessed growth in the data services sector, serving 47.7 million customers at the end of the first six months of the year, growing by 5% compared with H1-17.