*** Zain Bahrain Profit Rises in Q3 and 9 Months | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Zain Bahrain Profit Rises in Q3 and 9 Months

TDT | Manama

Email: mail@newsofbahrain.com

Zain Bahrain (Ticker: ZAINBH), a leading telecommunications provider in the Kingdom, announced its financial results for the third quarter (Q3 2025) and the ninemonth period ended 30 September 2025.

Q3 results

Zain Bahrain reported a total profit attributable to the shareholders of BD 1.64 million for the three months ended 30 September 2025, representing an increase of 1.1% from BD 1.62 million in Q3 2024. Basic and diluted earnings per share remained stable at 4 fils. Revenue increased to BD 19.5 million representing a growth of 2.7% compared to BD 19 million in Q3 2024. EBITDA for Q3 2025 decreased by 5.4% reaching BD 6 million from BD 6.35 million in Q3 2024.

Nine-months

For the nine months ended 30 September 2025, Zain Bahrain reported a total profit attributable to the shareholders of BD 4.18 million, representing a 3.3% increase from BD 4.04 million in the same period as in 2024. Basic and diluted earnings per share for the nine months ended 30 September 2025 remained stable at 11 fils. Revenue for the nine months ended 30 September 2025 reached BD 60.75 million, an increase of 5.8% compared to BD 57.44 million for the same period in 2024. EBITDA for the nine months ended 30 September 2025 decreased by 5.8% to BD 17.09 million from BD 18.14 million in the prior period.

Zain Bahrain’s balance sheet remains strong with a total equity of BD 88.73 million as of 30 September 2025, compared to BD 88.12 million for the year ended 31 December 2024, a slight increase of 0.7%. The Company’s asset base stood at BD 135.39 million as of 30 September 2025, a reduction of 4.6% from BD 141.91 million as of 31 December 2024.

Strategy

Commenting on the results, His Excellency Shaikh Ahmed bin Ali Al Khalifa, Zain Bahrain Chairman, said: “Zain Bahrain delivered a strong positive performance in the third quarter, a testament to the clarity and strength of its strategy. This achievement reflects the company’s unwavering commitment to excellence in customer experience, supported by its stateof-the-art infrastructure and sustained strategic investments, which remain the pillars of Zain Bahrain’s current success and future growth. We are pleased with the progress made across several strategic initiatives in this quarter; key highlights include the strategic agreement with Ericsson to expand and modernize its network as part of our USD 100 million investment plan over the next three years. This strategic investment ensures faster connections, enhanced indoor coverage, seamless video streaming, and advanced mobile internet experiences for our customers, while preparing the network for next-generation innovations, including innovative services and advanced 5G applications.”

Zain Bahrain Chairman continued: “Bede also continued to expand its services, opening access to non-Bahrainis and strengthening its role as a financial enabler in the Kingdom. The new service reflects Bede’s ongoing commitment to broadening its Sharia-compliant financial solutions built on innovation and flexibility, while empowering diverse segments of society across the Kingdom.

Additionally, Zain Business continued to empower enterprises by providing cutting-edge solutions, with new agreements signed leading organizations and institutions to support their digital transformation journeys.

We have also strengthened our insurance offerings by launching an enhanced version of Zain’s comprehensive motor insurance service in partnership with Takaful International Company, delivering a simpler, faster, and more flexible digital experience for our customers. Customers can now insure their vehicles within minutes with installments.”

Nationalization

The Chairman concluded: “Another significant milestone this quarter was Zain Bahrain’s recognition as a leading company in the field of workforce nationalization for the year 2025, by the Committee of Labor Ministers of the Gulf Cooperation Council (GCC) Countries, following its nomination by Bahrain Ministry of Labor. Zain’s Bahrainization rate currently stands at an impressive 93.33%. This recognition adds to a series of accolades Zain Bahrain has received, having been consistently listed among the best employers of Bahrainis throughout 2024 and the second quarter of 2023 by the Ministry of Labor. Zain’s Bahrain ongoing efforts in recruitment, training, and talent development continue to set it apart as a champion of national workforce advance - ment.These achievements reflect our unwavering commitment to investing in advanced infrastructure, pioneering digital services, and, most importantly, community empowerment. We are committed to delivering exceptional services to our customers while enriching the lives of individuals, businesses, and society throughout the Kingdom. None of these achievements would be possible without our people, as their commitment is the driving force behind Zain Bahrain’s success.”