Zain Group revenue falls 6% in Q1, forex impact hits results

Monday 10 May 2021 | 09:36 CET | News
Zain Group's consolidated revenue decreased by 6 percent year on year to KWD 382 million for the first quarter of 2021. EBITDA fell 7 percent to KWD 158 million, reflecting an EBITDA margin of 41 percent. Net profit amounted to KWD 45 million, down 5 percent year on year, making earnings per share (EPS) KWD 0.10.

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Categories: General
Companies: Zain Group
Countries: Middle East
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