Zain net income expected to climb by 1%

6 Aug 2012

Kuwait’s Zain Group has posted net income of KWD71 million (USD251.6 million) for the three months ending 30 June 2012, up 1% year-on-year. For the first six months of the year net income came in at KWD141.8 million, a 1.1% rise year-on-year on the back of revenues of KWD663.5 million. The company’s Iraq and Sudan units account for about two-thirds of its subscribers and 59% of revenue.

Kuwait, Zain Group