FINANCIAL NEWS

Zain Bahrain records 16 percent drop in Q2 profit

01 Aug 2016

(MENAFN) Zain Bahrain’s net profit dropped in Q2 of financial year 2016 by 15.8 percent to USD2.43mn, against USD2.89mn in Q2 2015.

However, net profit fell down by 11.11 percent in the first half this year to USD4.87mn from USD5.48mn in H1 2015.

The firm posted a net profit of USD2.43bn for Q1 this year, 10.45 percent down from USD2.7mn for Q1 2015.

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