HIGHLIGHTS
• 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