Zain Group Financial and Strategic Investments Overview slide image

Zain Group Financial and Strategic Investments Overview

GROUP EBITDA & NET INCOME EBITDA ($ m) 1,029 +3% 1,051 41% EBITDA Margin 39% H1-21 H1-22 NET INCOME ($m) 285 +14% 321 7 Cents EPS 7 Cents H1-21 H1-22 Savings in Depreciation & Amortization $30m, mainly from KSA (stopping depreciation & amortization on tower assets held for sale). Tax related savings ($23m) from Sudan on account of: a) 50% reduction in Corporate Income Tax Rate, resulted in $12.9m benefit b) Reversal of 3% tax provision relating to FY'21 and Q1'22, resulting in total benefit of $11m 17
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