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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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