Zain Group Financial and Strategic Investments Overview
GROUP FINANCIAL KPIs
Income Statement (KWD m)
H1 2022
Revenue
829
H1 2021
750
EBITDA
320
310
Net Income
98
86
Balance Sheet (KWD m)
Jun 2022
Jun 2021
Cash and Cash Equivalents
205
281
Total Assets
4,806
4,732
Total Debt
1,376
1,334
Total Equity
1,836
1,770
Cash Flow (KWD m)
H1 2022
H1 2021
Operating
182
171
Investing
(107)
(184)
FCF
75
(13)
Financing
(102)
(45)
Effect of FX impact
(4)
(25)
Ending Cash Balance
199
281
(KWD m)
The Group reported an impressive 22% increase in
Q2 2022 Net profit due to exceptional top-line
performance across all major operations, successfully
mitigating major currency devaluation in Sudan
(~30%) and South Sudan (~60%).
Group revenue increased 14% for Q2 2022 and 10%
YoY on account of significant price revamps and data
monetization initiatives carried out across operations.
20View entire presentation