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Wireless

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

Monday 4 May 2020 | 09:16 CET | News
Zain Saudi Arabia said its net profit reached SAR 105 million in the first quarter, the same as the previous quarter's net profit and down from SAR 129 million a year earlier. Revenue fell slightly on a quarterly and annual basis to SAR 2.04 billion, and EBITDA was SAR 939 million, resulting in a margin of 46 percent. 

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Categories: Mobile & Wireless
Companies: Zain / Zain Saudi Arabia
Countries: Saudi Arabia
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