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FINANCIAL NEWS
Zain KSA profit rises 10 percent in 2013
20 Feb 2014
(MENAFN) Zain KSA made a significant growth in revenue in 2013 to reach USD1.738 billion compared to USD 1.645 billion in 2012, according to Arab News.
Numbers of subscribers have boosted by 10 percent reaching 8.7 million in 2013 compared to 7.9 million in 2012.
Revenues of Internet were the main reason behind the revenue’s growth, followed by the postpaid segment.
The company’s gross profit rose by 10 percent, reaching USD826million in 2013 compared to USD773 million a year earlier.
General and administrative expenses have been also eliminated by 27 percent year on year.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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