Zain Group Q3 net profit rises 30%
Zain Group's net income surged 30 percent year-on-year to KWD 84 million in the three months to September, supported by revenue of KWD 615 million, up 2 percent. EBITDA reached KWD 209 million, reflecting a 1 percent increase and a margin of 34 percent. The group's active customer base expanded 3 percent to reach 53 million, driven primarily by network restoration in Sudan and ongoing growth in Iraq. To support its infrastructure, Zain invested USD 501 million in capex across all operations, representing 9