Zain Bahrain Q2 2023 Net Profit jumps 3.2 % to reach BD 1.32 million
- Date: 13-Jul-2023
- Source: Biz Bahrain
- Sector:Industrial
- Country:Bahrain
Zain Bahrain Q2 2023 Net Profit jumps 3.2 % to reach BD 1.32 million
Zain Bahrain (BSE: ZAINBH), a telecommunications industry innovator in the
Kingdom, announced its financial results for the second quarter (Q2 2023).
Zain Bahrain added 127 thousand customers to serve a total of 1.14 million, a 12.5% Year on Year growth.
The operator reported a net profit of BD 1.32 million for the three months ended 30 June 2023,
representing an increase of 3.2% Year on Year growth compared to BD 1.28 million in Q2 2022. Earnings
per share remained stable at 4 fils. EBITDA for Q2 2023 increased by 1.7% reaching BD 5.44 million
compared to BD 5.35 million in Q2 2022.
Revenue for Q2 2023 increased by 15.7% reaching BD 18.95 million compared to BD 16.39 million in Q2