Browse
related articles
Saudi operator Zain sees net loss shrink to $93.1m
- Saudi Arabia: Saturday, July 21 - 2012 at 12:55
Saudi Arabia's third telecoms operator, Zain KSA has posted a net loss of SR349m ($93.1m) in the second quarter, compared to a net loss of SR448.2m the previous year, Reuters has reported. The company attributed the narrowing loss to a decrease in financing costs. Gross profit was SR1.41bn, down from SR1.64bn a year ago, the firm said.
Related Content
Article Options
StaffSaturday, July 21 - 2012 at 12:55 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
