Mubasher: Zain Bahrain reported a 55% year-on-year growth in profits attributable to shareholders during the first quarter of 2019.

The telecom firm’s profits reached BHD 1.72 million in Q1-19, up from BHD 1.11 million during Q1-18, according to a statement to Bahrain Bourse on Thursday.

Financial and operational expenses decreased by 30% to BHD 4.9 million in Q1-19 from BHD 7 million during the same period a year earlier.

In 2018, Zain Bahrain’s profits attributable to shareholders rose 16.5% to BHD 5.017 million, compared to BHD 4.306 million a year ago.

Zain Bahrain’s capital amounts to BHD 36.8 million distributed over 368 million shares with a par value of BHD 0.10 per share.