أرباح مجموعة زين تتفوق على التوقعات وتنمو 13% إلى 561 مليون دولار في 9 أشهر 2023

Watch أرباح مجموعة زين تتفوق على التوقعات وتنمو 13% إلى 561 مليون دولار في 9 أشهر 2023 - CNBCArabia on Dailymotion

Transcript

00:00 The telecommunications sector has seen a huge rebound in the past period.

00:05 We saw this after the companies achieved results in their work for the third quarter and the first nine months of this year.

00:13 We are talking about Zain Group, which exceeded expectations.

00:18 How were the results and numbers recorded by the group in the last quarter, third quarter of this year and the first nine months?

00:27 We start with the quarter's profits, which grew by 11% and exceeded expectations, which recorded 196 million dollars,

00:35 compared to expectations, which were at 168 million dollars.

00:39 The first nine months' profits also grew by 13%.

00:44 In contrast, we had a growth in wills by more than 11%, which exceeded 4.6 billion dollars.

00:56 There was clear support for digital transformation and digital technology for the group.

01:03 Here we are talking about the group's wills, and according to the geographical distribution,

01:08 the largest percentage of these wills was acquired by Saudi Arabia with more than 43%.

01:14 Kuwait was the third with 19%, while Iraq with 16%, and was the middle between Sudan and Jordan with 9%,

01:21 while Bahrain had a percentage of 3%.

01:25 The highest growth in wills this time, we are talking about two main markets,

01:29 which supported these increases and this growth in Sudan.

01:33 Zain of Sudan grew by 28%, and Zain of Iraq also 19%, and there was also a growth rate of 10% for Saudi Arabia.

01:42 We are talking about this transformation and the growth of the data services sector in the group,

01:47 with an 8% percentage, as well as the operations we talked about in the two markets,

01:54 Sudan, Iraq, and Saudi Arabia.

01:59 Digital services, which were also a group, also had a clear growth during the past period.

02:05 We are talking about these wills that came from the data services that we were talking about

02:10 with 1.8 billion dollars, which represents 39% of the total wills.

02:16 Digital services, which grew by 10%, and the projects sector also grew,

02:23 business to business, by 27%.

02:28 As for the level of the number of participants, there was also some regression,

02:32 but it is still controlled by what is 52 million participants in the group.

02:41 We are talking about the following companies, which also had strong activities.

02:46 ZainTech, which is a huge player in the level of its business in the projects related to infrastructure.

02:53 And ZainFintech, which also establishes regional and large-scale companies for the companies that the group does.

03:03 In contrast, this clear and extensive growth in the opportunities of Zain's growth

03:08 in its field of technology and digital transformation.

03:12 This is what led to this huge growth that we are witnessing for the group.

03:16 In terms of the performance of the contribution of the Zain group in the Kuwait Stock Exchange,

03:20 we have seen some regression since the beginning of the year, by more than 14%.

03:25 In contrast, we also had some market losses of 1.1 billion dollars since the beginning of the year,

03:31 but this market value is still close to 7 billion dollars for the Zain group.

03:36 We have seen this positive performance of the group, which was achieved in the first three quarters of the year.