Mobile Telecommunication Company Saudi Arabia (Zain KSA) announces its Interim Financial results for the Period Ending on 30-09-2025 (Nine Months)
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 2,751 | 2,583 | 6.504 | 2,654 | 3.654 |
| Gross Profit (Loss) | 1,639 | 1,714 | -4.375 | 1,625 | 0.861 |
| Operational Profit (Loss) | 318 | 318 | - | 305 | 4.262 |
| Net profit (Loss) | 153 | 150 | 2 | 127 | 20.472 |
| Total Comprehensive Income | 132 | 133 | -0.751 | 118 | 11.864 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 8,095 | 7,671 | 5.527 |
| Gross Profit (Loss) | 4,850 | 4,800 | 1.041 |
| Operational Profit (Loss) | 897 | 810 | 10.74 |
| Net profit (Loss) | 373 | 322 | 15.838 |
| Total Comprehensive Income | 344 | 305 | 12.786 |
| Total Shareholders Equity (after Deducting Minority Equity) | 10,602 | 10,447 | 1.483 |
| Profit (Loss) per Share | 0.41 | 0.36 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Zain KSA reached a revenue of SAR 2.75 billion in Q3 2025 vs SAR 2.58 billion in Q3 2024 representing a growth of 6.5% (SAR 168 million). This increase is driven by the growth in consumer segment, wholesales revenue, in addition to the growth in “Tamam” business. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit for the current quarter was higher than the same quarter of 2024 by SAR 3 million as a result of the following:
Gross Profit:
Gross profit reached SAR 1,639 million in Q3 2025 compared to SAR 1,714 million in Q3 2024.
The revenue growth of SAR 168 million was offset by an increase in cost of revenue by SAR 242 million due to the one-off provision release of withholding tax on international traffic for the amount of SR 157 million recorded in Q3-2024 resulting in a decrease in the reported gross profit by SAR 75 million.
Earnings before interest, tax, depreciation, and amortization (EBITDA):
EBITDA reached SAR 859 million in Q3 2025 compared to SAR 856 million in Q3 2024 mainly due to decrease in Operating expenses by SAR 77 million driven by a decrease in Expect Credit Loss and continuous monitoring of Operating expenses.
Earnings before interest and tax (EBIT):
EBIT reached SAR 318 million in Q3 2025 compared to SAR 318 million in Q3 2024.
Additionally, Financing costs decreased by SAR 17 million which was offset by Q3 2024 one-time gain related to the sale and lease back of 199 sites for the amount of SAR 21 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Zain KSA Q3 2025 revenue is higher than Q2 2025 by SAR 97 million representing 3.6%. Increase is attributed to the growth in wholesales revenue. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase in net profit by SAR 25 million between Q3 2025 and Q2 2025 is due to the following reasons:
Gross Profit:
Gross profit reached SAR 1,639 million in Q3 2025 compared to SAR 1,625 million in Q2 2025, as a reflection of the growth in revenue.
Earnings before interest, tax, depreciation, and amortization (EBITDA):
EBITDA reached SAR 859 million in Q3 2025 compared to SAR 850 million in Q2 2025 representing an increase by SAR 8 million.
Earnings before interest and tax (EBIT):
EBIT increased by SAR 13 million to reach SAR 318 million in Q3 2025 as compared to SAR 305 million in Q2 2025. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Zain KSA reached a revenue of SAR 8.1 billion during the period ending 30 September 2025 vs SAR 7.67 billion during the same period of 2024 representing a growth of 5.5% (SAR 424 million). This increase is driven by the growth in consumer segment, wholesales revenue, as well as the growth in “Tamam” business. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit for the period was higher than the same period in 2024 by SAR 51 million as a result of the following:
Gross Profit:
Gross profit reached SAR 4,850 during the current period of 2025 compared to SAR 4,800 million in the same period of 2024 reflecting an increase of SAR 50 million, driven by the revenue growth despite the one-off provision release of withholding tax on international traffic for the amount of SR 157 million recorded in Q3-2024.
Earnings before interest, tax, depreciation, and amortization (EBITDA):
EBITDA increased by SAR 112 million representing a 4.6% increase reaching SAR 2,522 million in the current period of 2025 compared to SAR 2,410 million in the same period of 2024. This increase is due to the growth in gross profit as well as decrease in Operating expenses and Expect Credit Loss by SAR 62 million.
Earnings before interest and tax (EBIT):
EBIT increased by SAR 87 million to reach SAR 897 million in the current period of 2025 as compared to SAR 810 million during the same period of 2024 despite the increase of depreciation and amortization expenses by SAR 25 million due to the capitalization of the new spectrum.
Decrease in financing costs by SAR 35 million as a result of the reduction in interest rate in addition to the several financing initiatives during the current period of 2025.
Worth mentioning that 2024 first 9 months profit had one-off gain related to the closure of a project that was recorded in the period of 2024 for SAR 52 million; as well as the gain of SAR 21 million related to the sale and lease back of 199 sites. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | Total CAPEX investment for the period amounted to SAR 668 million including the capitalization of the spectrum to further enhance the customers’ experience and the quality of the services. |
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