Zain Bahrain announces its financial results for the first nine months ending September 2022 including Q3

Zain Bahrain announces its financial results for the first nine months ending September 2022 including Q3

Zain Bahrain, a leading telecommunications provider in the Kingdom, announced its financial results for the first nine months ending 30 September 2022 including the third quarter (Q3 2022).

For the three months, the company reported a net profit of BD1.580 million in Q3 2022, reflecting a 2% decrease year-on-year (Y-o-Y) from a net profit of BD1.613 million for the same period in 2021. Earnings per share for Q3 2022 remained at 4 fils per share similar over the same period in 2021. Revenues for Q3 2022 amounted to BD16.966 million, a 11% increase as compared to BD15.292 million in Q3 2021. Operating profit in Q3 2022 saw a slight decrease of 1% to BD1.797 as compared to BD1.824 million recorded in Q3 2021.

For the nine-month period ending September 30, 2022, Zain Bahrain reported net profit of BD4.432 million, representing an increase of 1% Y-o-Y from BD4.387 million for the same period in 2021. Earnings per share remained steady at 12 fils for the nine months in 2022 as compared to 2021 for the same period. Zain Bahrain generated revenues of BD50.552 million during the first nine months of 2022, an increase of 5% Y-o-Y as compared to BD48.020 million for the