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Zain Bahrain posts net profit of USD8.95m in 9M
(MENAFN) Telecommunication company Zain-Bahrain said it recorded USD8.95 million in net profits for the first nine months this year.
The company said in a statement profits increased by 16.7 percent compared with the same period last year, when profits were USD7.63 million.
Net profits for the third quarter were USD3.42 million, or 91 percent, more than the correspondent period last year.
Revenues amounted to USD141.16 million in the first nine months, which ended on September 30, or 7.6 percent less than last year.
The company said in a statement profits increased by 16.7 percent compared with the same period last year, when profits were USD7.63 million.
Net profits for the third quarter were USD3.42 million, or 91 percent, more than the correspondent period last year.
Revenues amounted to USD141.16 million in the first nine months, which ended on September 30, or 7.6 percent less than last year.
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