Zain KSA sees 14% profit growth

Zain KSA sees 14% profit growth

Zain KSA has recorded revenues of about SAR 1,938 million and achieved net profit of SAR 41 million for the first quarter of 2021, a 14% growth as compared to the fourth quarter of 2020.

 

Zain KSA explained that these results highlight the sustained profitability of its operations, which has continued through 11 consecutive quarters, declaring that it has driven down its accumulated losses to SAR 13 million, which currently represents 0.14% of its capital. Despite the challenge of the pandemic, the company will continue its initiatives to improve the quality of its services.