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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. 

Tags: group fall currency revenues

 

Zain Group H1 results hit by Sudanese pound devaluation

2017-08-07 09:17:00| Telecompaper Headlines

(Telecompaper) Zain Group said revenues decreased by 8 percent to KWD 508 million for the first six months to 30 June. EBITDA for the period reached KWD 212 million, down 17 percent year-on-year, giving an EBITDA margin of 41.7 percent. Net income remained stable at KWD 82 million, and earnings per share for the half-year stood at KWD 0.21. The Middle East mobile operator ended the period with 45.2 million customers. 

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Siemens to supply SGT5-2000E gas turbines to Sudanese Thermal Power Generating Company

2016-12-05 01:00:00| Power Technology

Siemens has secured a deal with Sudanese Thermal Power Generating Company (STPGC) for the supply of five SGT5-2000E gas turbines.

Tags: company power supply gas

 

Etisalat sells Sudanese fixed-line firm to Zain

2016-05-04 02:00:00| Total Telecom industry news

U.A.E. operator to offload Sudanese business Canar, giving Zain a fixed presence in the market.

Tags: firm sells sudanese zain

 

Sudan: Ministry of Industry - Kenana Sugar Company Stands As a Good Example of Sudanese - Gulf Cooperation

2015-07-27 09:06:36| Sugar Industry News

Khartoum The Minister for Industry, Dr Mohamed Yusuf Ali, has reaffirmed that Kenana Sugar Company, an integrated project, stands as a good example of Arab Gulf-Sudanese cooperation.

Tags: of good company industry

 

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