Zain

Financial Highlights

Zain's consolidated financial results for the half-year, ending 30 June, 2010 showed a healthy growth in several key performance indicators:
 
H1, 2010 Key Performance Indicators (in Kuwaiti Dinars & USD)
Total Managed Active Customers
34.2 million               up 28% on H1, 2009
Consolidated Revenues
KWD 672.6 million     (US$2.33 billion)                
EBITDA
KWD 287.2 million     (US$ 995 million)         
EBIT
KWD 206.8 million     (US$ 716 million)
Net Income (including capital gain)
KWD 895.3 million     (US$ 3.085 billion)         
Earnings Per Share
Fils 232                       (US$0.80)
 
For the first half of 2010, the Zain Group recorded consolidated revenues of KWD 672.6 million (US$ 2.33 billion), an increase of 10% compared to the same period of 2009. The company’s consolidated EBITDA reached KWD 287.2million (US$ 995 million) with EBIT reaching KWD 206.8 million (US$716 million). Net Income soars 488% to reach KWD 895.3 million (US$3.085 billion). This includes the capital gain of KWD 770.3 million (US$2.653 billion) from the sale of Zain Africa assets on June 8, 2010. The earnings per share reached 232 fils (US$0.80).
 
 
To view the Q1, 2010 financial results media release, please click here.
 
To view our annual and quarterly reports and statements over the years, and for more details on our financial performance visit the  Investor Relations section.

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