Zain Group Achieves Record Net Profit of $581 Million, Up 31% Over 9 Months

Zain Group reported a 31% increase in net profits, reaching 178 million Kuwaiti Dinars ($581 million) for the nine months ending September 30, 2025. The company also saw a 15% rise in consolidated revenues, totaling 1.7 billion Kuwaiti Dinars ($5.4 billion). A cash dividend of 25 fils per share is expected to be distributed on November 19, 2025, reflecting the company's robust financial position and successful growth strategy.

Zain Group (listed on the Kuwait Stock Exchange under the symbol: ZAIN) recorded exceptional performance in the first nine months of the fiscal year 2025, with net profits rising by 31% to 178 million Kuwaiti Dinars ($581 million) compared to the same period in 2024, with earnings per share at 41 fils.

Consolidated revenues increased by 15%, reaching 1.7 billion Kuwaiti Dinars ($5.4 billion). A cash dividend of 25 fils per share is expected to be distributed on November 19, 2025, reflecting the company's solid financial health and the success of its expansion and growth strategies. The group also recorded significant growth in fintech and cloud services.

Zain announced that its financial results exceeded estimates, with consolidated revenues growing by 15% to 1.7 billion Kuwaiti Dinars ($5.4 billion) compared to the same period last year.

EBITDA rose by 9% to 552 million Kuwaiti Dinars ($1.8 billion), with an EBITDA margin of 33%.

The group attributed these exceptional results to a 9% increase in its customer base, totaling 51.3 million customers, network recovery in Sudan, expansion of Zain Iraq's network, increasing 5G service deployment in Kuwait, Saudi Arabia, and Jordan, and an 11% rise in data revenues, which reached $2 billion (37% of total revenues).

Strong growth was also evident in new sectors like ZOI, ZainTECH, and financial services, generating consolidated revenues of $562 million, a year-on-year increase of 98%, reflecting the success of digital transformation strategies and service expansion.

In the third quarter, quarterly revenues increased by 16% to 582 million Kuwaiti Dinars ($1.9 billion), with quarterly net profits of 57 million Kuwaiti Dinars ($187 million). The group reaffirmed its commitment to transparency by reviewing global accounting regulatory frameworks.

In light of the exceptional performance, the board of directors decided to distribute a cash dividend of 25 fils per share, reflecting the company's financial strength and the effectiveness of its strategy.

Chairman Osama Al-Fraih stated that the outstanding results reflect the strength of the group's business model and its ability to achieve sustainable growth, while Vice Chairman Bader Al-Kharafi added that these results reflect the success of diversification strategies and operational efficiency improvements.