Zain Bahrain H1 profits down 7%

Mubasher: Zain Bahrain recorded BHD 2.074 million ($9.61 million) in net earnings during the first half of 2015, a 6.7% decline from BHD 2.224 million ($5.8 million) in the corresponding period of 2014.

Second-quarter net earnings decreased 8.2% year-on-year from BHD 1.144 million to BHD 1.050 million.

Top line also fell 3.8% to BHD 35.122 million, compared with BHD 36.54 million a year earlier.  

Established in 2003, the telco operates with BHD 36.8 million capital, divided into 368 million shares at a par value of BHD 0.1 each.

Mubasher Contribution Time: 11-Aug-2015 07:10 (GMT)