The firm’s net profit edged up by 0.3 percent to 185 million Kuwaiti dinars ($612 million), compared to the previous year, according to the company's earning release.

With currency devaluation impacting key financial indicators during 2021, Zain managed to mitigate that risk by revamping prices and applying data monetisation initiatives across its operations.

A cash dividend of 23 fils was declared for the second half of the year, bringing total annual dividends to 33 fils.

Kuwait-based Zain is a mobile telecommunications company that has commercial presence in seven countries across the Middle East.

Copyright: Arab News © 2022 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.