Mobile Telecommunication Company Saudi Arabia (Zain KSA) announces its Interim Financial results for the Period Ending on 30-06-2025 (Six Months)
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 2,654 | 2,552 | 3.996 | 2,690 | -1.338 |
| Gross Profit (Loss) | 1,625 | 1,540 | 5.519 | 1,585 | 2.523 |
| Operational Profit (Loss) | 305 | 242 | 26.033 | 274 | 11.313 |
| Net profit (Loss) | 127 | 105 | 20.952 | 93 | 36.559 |
| Total Comprehensive Income | 118 | 104 | 13.461 | 85 | 38.823 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 5,344 | 5,087 | 5.052 |
| Gross Profit (Loss) | 3,211 | 3,086 | 4.05 |
| Operational Profit (Loss) | 579 | 492 | 17.682 |
| Net profit (Loss) | 220 | 172 | 27.906 |
| Total Comprehensive Income | 203 | 172 | 18.023 |
| Total Shareholders Equity (after Deducting Minority Equity) | 10,460 | 10,314 | 1.415 |
| Profit (Loss) per Share | 0.24 | 0.19 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Zain KSA reached a revenue of SAR 2.65 billion in Q2 2025 vs SAR 2.55 billion in Q2 2024 representing a growth of 4% (SAR 102 million). This increase is driven by the growth in consumer segment mainly from 5G, TAMAM and Inbound roaming revenue. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit for the current quarter was higher than the same quarter of 2024 by SAR 22 million as a result of the following:
An increase in gross profit by SAR 85 million, driven by the increase in high margin revenue segments. Gross profit reached SAR 1,625 million.
EBITDA increased by SAR 70 million representing a 9% increase, to reach SAR 850 million.
Financing costs decreased by SAR 10 million.
A one-off government grant gain related to the closure of project was recorded in same quarter of 2024 worth of SAR 52 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Zain KSA Q2 2025 revenue is slightly lower than Q1 2025 by SAR 37 million representing -1.3%.
Reduction is attributed to lower Wholesale revenue. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase in net profit by SAR 35 million between Q2 2025 and Q1 2025 is due to the following reasons:
Increase in gross profit by SAR 40 million; despite the increase in operating expenses; including Expect Credit Loss; by SAR 3 million and Increase in depreciation and amortization expenses by SAR 5 million.
Decrease in Zakat expense by SAR 7 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Zain KSA reached a revenue of SAR 5.34 billion during the period ending 30 June 2025 vs SAR 5.09 billion during the same period of 2024 representing a growth of 5% (SAR 257 million). This increase is driven by the growth in consumer segment mainly from 5G and from TAMAM. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit for the period was higher than the same period in 2024 by SAR 48 million as a result of the following:
An increase in gross profit by 125 million, driven by the increase in revenue. Gross profit reached SAR 3,211 million.
EBITDA increased by SAR 110 million representing a 7% increase, to reach 1,664 million; despite the increase of depreciation and amortization expenses by SAR 23 million due to the capitalization of the new spectrum; while Financing costs decreased by SAR 17 million.
A one-off government grant gain related to the closure of a project was recorded in same period of 2024 worth of SAR 52 million. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | Total CAPEX investment for the period amounted to SAR 587 million including the capitalization of the spectrum to further enhance the customer’s experience and the quality of the services. |
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