In the first quarter of 2009, the Zain Group achieved a 25% year-on-year increase in consolidated revenues to 567 million Kuwaiti dinars (1.96 billion US dollars) thanks to a 41% rise in customers fuelled in part by the rollout of new operations in Saudi Arabia and Ghana.
Zain, which has operations in 23 countries in the Middle East and Africa, said that currency fluctuations knocked more than 18 million dinars from its bottom line, but it still increased net profit by 3% to almost 76 million dinars. source: Zain statement
No comments:
Post a Comment