Zain KSA FY revenue rises 11%, EBITDA increases 27%

Wednesday 5 February 2020 | 13:27 CET | News
Zain KSA revenues increased by 11 percent year-on-year to SAR 8.4 billion in 2019 compared with SAR 7.5 billion in  2018. EBITDA for the year grew by 27 percent to SAR 3.82 billion, reflecting an EBITDA margin of 46 percent. Net profit was SAR 485 million, up 46 percent increase from SAR 332 million in 2018.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Zain Saudi Arabia
Countries: Saudi Arabia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Zain KSA posts drop in Q1 profit as sales fall 2.6%, costs increase

Published 04 May 2020 09:16 CET | Saudi Arabia
Zain Saudi Arabia said its net profit reached SAR 105 million in the first quarter, the same as the previous quarter's net profit ...

Zain Sudan FY subscriber base rises to 15.9 mln, revenue higher in local currency

Published 13 Feb 2020 10:13 CET | Sudan
Zain Sudan increased its subscriber base to 15.9 million by 31 December 2019 with revenue for the year growing by 43 percent to ...

Zain Iraq EBITDA grows 10% in 2019

Published 13 Feb 2020 09:44 CET | Iraq
Zain Iraq's EBITDA grew strongly by 10 percent year-on-year to USD 465 million in the financial year ended 31 December 2019, ...

Zain Jordan FY revenue hold steady, EBITDA up 14%

Published 13 Feb 2020 09:37 CET | Jordan
Zain Jordan said its revenue was stable at USD 496 million for the financial year ended 31 December 2019, with EBITDA up 14 ...

Zain Kuwait lifts FY customer base by 7%, revenue up 1%

Published 13 Feb 2020 09:33 CET | Kuwait
Zain Kuwait's customer base increased 7 percent to 2.8 million in 2019, which it described as a highly productive year when it ...

Zain Group FY revenue grows 26%, EBITDA up 40%, customers up 1%

Published 13 Feb 2020 09:31 CET | Africa
Zain Group's revenue increased by 26 percent to KWD 1.66 billion in 2019, and EBITDA rose 40 percent year-on-year to KWD 728 ...

Zain Saudi says no deal with finance ministry on debt conversion

Published 12 Feb 2020 09:49 CET | Saudi Arabia
Zain Saudi Arabia has said that no settlement was reached with the Ministry of Finance to convert all or part of the outstanding ...

Zain KSA offers Google's mobile data plan services

Published 13 Jan 2020 12:01 CET | Saudi Arabia
Saudi operator Zain KSA is introducing the Mobile Data Plan feature to its Android customers in collaboration with Google. ...

Zain KSA offers 5G-enabled MiFi devices

Published 06 Jan 2020 10:36 CET | Saudi Arabia
Zain KSA has announced the availability of 5G network services through MiFi devices. It said it provides competitive packages ...

Zain KSA provides 5G service in 27 cities

Published 12 Dec 2019 11:07 CET | Saudi Arabia
Zain Saudi Arabia says it has completed the first phase of what it calls the Middle East's largest 5G network and offers packages ...