Kuwait Times

HIGHLIGHTS

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• Consolidat­ion and profitable turnaround of Zain Saudi Arabia bolsters Group financials

• Board of Directors recommend cash dividend of 30 fils per share, reflecting a total distributi­on of KD 130 million

• 2018 full-year consolidat­ed revenues up 28% to KD 1.3 billion ($4.4 billion), EBITDA up 25% to KD 519 million ($1.7 billion)

• Zain Iraq revival continues, reflecting full-year

net profit growth of 70%

• Zain Kuwait reports impressive Q4 2018 net

income growth of 21%

• Zain Saudi Arabia share price increased 71% over last 3 months reflecting a $600 million increase in market capitaliza­tion, reporting $89 million profit for 2018

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