Investor Relations

For 9M-2024, Zain generated a 15-year high consolidated revenue of KD 1.45 billion (USD 4.71 billion), up 2% YoY. Consolidated EBITDA for the period reached KD 505 million (USD 1.65 billion), with normalized EBITDA growth (excluding number range claim) remaining stable YoY, reflecting an EBITDA margin of 35%. Net income for the 9-month period reached KD 136 million (USD 442 million) representing normalized net income growth of 6%, adjusted for number range claim and Tower transaction gain during nine-month period of 2023. Earnings per share amounted to 31 fils (USD 0.10) for the nine-month period.

In Q3 2024, Zain generated a 15-year high consolidated revenue of KD 501 million (USD 1.64 billion), up 4% YoY. EBITDA for the quarter reached KD 180 million (USD 589 million), reflecting a 36% EBITDA margin. Net income for the three months amounted to KD 54 million (USD 177 million), an increase of 1% YoY. Earnings per share for Q3 amounted to 13 fils (USD 0.04).