Zain Kuwait profits up 13% in Q3

Kuwait - Mubasher: Zain Kuwait posted a 13% growth in net profits in the third quarter of 2016 to KWD 43 million ($141 million) compared to KWD 38 million ($125.26 million) in the same quarter of 2015.

The company’s revenues totalled KWD 275 million ($911 million) in Q3-16, according to a bourse filing issued on Tuesday.

Profits also increased in the first nine months of 2016 by 5% to KWD 124 million ($413 million) from KWD 118 million ($394 million) in the same period last year.

Mubasher Contribution Time: 18-Oct-2016 15:21 (GMT)
Mubasher Last Update Time: 18-Oct-2016 15:21 (GMT)