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Zain Group Q3 revenues fall 6%, pulled down by Sudanese currency devaluation

2017-10-30 08:32:00| Telecompaper Headlines

(Telecompaper) Zain Group announced its third-quarter revenues fell 6 percent to KWD 259 million, hurt by negative currency effects. EBITDA reached KWD 104 million, a decrease of 23 percent, giving a 40 percent EBITDA margin. Net profit for the period amounted to KWD 40 million, down 6 percent, and EPS reached KWD 0.010. 

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