The financial statements of the Mobile Telecommunications Company (Zain) showed that the company’s profits increased 10.4% last year, to reach 216.93 million dinars, compared to 196.5 million dinars in 2018. .
According to the results of the company on the Kuwait Stock Exchange today, the earnings per share in the last year amounted to 50 fils compared to the profit in 2018 of 45 fils per share.
The increase in profits from operating operations is mainly due to the continued strong performance of Zain Kuwait, Saudi Arabia, Iraq and Sudan.
The company made a profit of 63.96 million dinars in the fourth quarter of last year, compared to a profit of 59.43 million dinars for the same period in 2018, an increase of 7.6%. < / p>
Zain’s Board of Directors recommended distributing 33% cash dividends for the last year, at 33 fils per share.
