Zain Bahrain Q3 profit rises 1.8% to BD 1.61 million
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Zain Bahrain reported third quarter 2023 net profit of BD 1.61 million, representing an increase of 1.8% from BD 1.58 m in Q3 2022. Earnings per share remained stable at 4 fils.
Revenue decreased by 1.3% to BD 16.74 m from BD 16.97 m in Q3 2022.
For the nine months, Zain Bahrain reported a net profit of BD 4.36 m, representing a 1.7% decrease from BD 4.43 m in the same period as in 2022.
Earnings per share stood at 12 fils, the same as in 2022. Revenue reached BD 53.87 million, an increase of 6.6% compared to BD 50.55 m for the same period in 2022.
Zain Bahrain Chairman, Shaikh Ahmed bin Ali Al Khalifa said: “ This quarter, we have maximized our efforts to grow our core and digital services by enriching consumers’ value propositions with digital services catering to their new lifestyles and emerging demands.”
He added: “The efforts during the first nine months of 2023 will help us bring the digital world’s full potential to our customers across all segments.”
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