Zain Bahrain H1 Net Profit Reached 61 Percent

Zain Bahrain H1 Net Profit Reached 61 Percent

According to Zain Bahrain, its net profit for the first half of 2018 surged 61 percent to BHD 2.33 million from BHD 1.45 million in 2017. Zain Bahrain H1 Net Profit Reached 61 Percent

Furthermore, net profit in the second quarter rises BHD 1.22 million, up 29 per cent year-on-year. Additionally, the rise in second quarter reproduced a 10 percent increase over the first quarter’s BHD1.11 million.

The operating profit for H1 rose to BHD 2.32 million and second-quarter operating profit amounted to BHD 1.2 million. Additionally, earnings per share increased to BHD 0.6 for the six-month period ending 30 June.

Zain Bahrain H1 Net Profit Reached 61 Percent

Chairman Shaikh Ahmed bin Ali Al Khalifa said:

Zain Bahrain has been able to achieve solid results due to an integrated management approach carried out by a highly professional team, reinforcing the company’s role as a leading telecommunications company in the Kingdom, which provides quality communications solutions to satisfy the needs of its customers.

Shaikh Ahmed said:

Results for the second quarter of 2018 are in line with Zain Bahrain’s goals as the company merges its digital leadership in the telecom market.

He further added that:

Our fixed wireless broadband services were recently recognized in a TRA report as having the fastest performance in HTTP download speed, FTP download speed, on-net ping time, and web browsing time, among other categories.

He added that:

Our company has fundamentally changed how telecom service providers compete in ultra-fast broadband access. We have cemented our reputation as an innovator in broadband technologies by providing exceptional fixed and mobile internet services. We will continue implementing our digitalization strategy and state-of- the- art services while remaining focused on delivering products.

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