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Zain Saudi Arabia revenues increase by 7 percent
(MENAFN) Zain Saudi Arabia proclaimed a notable improvements in its fiscal results for Q1, 2016, which increased by 7 percent in the cited quarter.
Furthermore, the revenues reached USD 0.47mn compared with USD 0.4mn in Q1, 2015, showing a 6 percent grow in revenues.
Additionally, the firm posted a 28 percent increase in EBTIDA to hit USD 118.61mn in Q1 this year, up from USD 92.76mn of 2015.
The company registered a 46 percent reduction in operating losses, to reach USD 8.52mn for Q1 2016, decline from USD 15.72mn in 2015.
Furthermore, the revenues reached USD 0.47mn compared with USD 0.4mn in Q1, 2015, showing a 6 percent grow in revenues.
Additionally, the firm posted a 28 percent increase in EBTIDA to hit USD 118.61mn in Q1 this year, up from USD 92.76mn of 2015.
The company registered a 46 percent reduction in operating losses, to reach USD 8.52mn for Q1 2016, decline from USD 15.72mn in 2015.
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