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Welcome to the Neno's Place!

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Established in 2006 as a Community of Reality

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With 18 million customers, the market value of Zain Iraq exceeds two billion dollars

Rocky: Admin Assist; Posts : 269048
Join date : 2012-12-21

Post n°1

With 18 million customers, the market value of Zain Iraq exceeds two billion dollars

by Rocky Wed Apr 12, 2023 6:19 am

With 18 million customers, the market value of Zain Iraq exceeds two billion dollars

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Economy News-Baghdad

Zain Telecom announced, on Tuesday, that the number of its customers in Iraq has increased to more than 18 million customers.

A company statement stated that the market value of Zain Iraq is $2.4 billion, while the number of Zain Iraq customers jumped by 12% to reach 18.4 million customers.

As for profits, the company achieved net profits in the year 2022 amounting to 15 million dollars, but the net profit of Zain Iraq decreased by 63% due to the increase in financing costs.

It should be noted that the abolition of sales tax in Iraq led to an increase in revenues for the company.

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Added 04/11/2023 - 8:00 PM

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With 18 million customers, the market value of Zain Iraq exceeds two billion dollars Bar

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