Financial Highlights
Given our expansion in recent years, it is natural that revenues increase as customer numbers increase. As at September 30, 2009, Zain is serving a growing customer base of over 70 million active customers in 23 countries in the Middle East and Africa, reflecting an increase of 28% when compared to corresponding period in 2008....
Key Performance Indicators as at 30 September 2009
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Total Managed Active Customers
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71.8 million up 28%
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Consolidated Revenues
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KWD 1.78 billion (US$6.169b) up 24%
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EBITDA
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KWD 757.3 million (US$2.624b) up 37%
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EBITDA Margin
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43% up 5 pp
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EBIT
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KWD 454.9 million (US$1.576b) up 33%
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Net Income
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KWD 195.7 million (US$677.1m) down 17%
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EPS
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KWD 0.051 (US$0.18)
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For the first nine months of 2009, Zain Group recorded impressive consolidated revenues of KWD 1.78 billion (US$6.169 billion), an increase of 24% compared to the first nine months of 2008. The company’s consolidated EBITDA increased by 37% for the same period to reach KWD 757.3 million (US$2.624 billion) with EBIT rising 33% to reach KWD 454.9 million (US$1.576 billion). Consolidated Net Income reached KWD 195.7 million (US$677.1 million), a decrease of 17%. The earnings per share for the nine months period stood at KWD 0.051 fils (US$0.18).
To view the Q3, 2009 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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