Zain Bahrain reports increased profit but lower EBITDA for Q3 and nine months ended September

Osamah Othman Al Furaih Chairman Zain Group
Osamah Othman Al Furaih Chairman - Zain Group
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Zain Bahrain has released its financial results for the third quarter and nine-month period ending 30 September 2025, showing steady growth in several key metrics.

The company reported a profit attributable to shareholders of BD 1.64 million for the third quarter, up by 1.1% from BD 1.62 million in the same period last year. Earnings per share remained unchanged at 4 fils. Revenue for the quarter increased by 2.7% to BD 19.5 million compared to BD 19 million in Q3 2024. However, EBITDA declined by 5.4%, reaching BD 6 million from BD 6.35 million a year earlier.

For the nine months ending 30 September 2025, Zain Bahrain’s profit rose by 3.3% to BD 4.18 million from BD 4.04 million during the same period in the previous year, with earnings per share stable at 11 fils. Revenue grew by 5.8% to BD 60.75 million, while EBITDA decreased by 5.8% to BD 17.09 million.

As of the end of September, total equity stood at BD 88.73 million, a slight increase from BD 88.12 million as of December last year, while total assets decreased by 4.6% to BD 135.39 million.

His Excellency Shaikh Ahmed bin Ali Al Khalifa, Zain Bahrain Chairman, commented: “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 state-of-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.”

He added: “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.”

The Chairman further noted: “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 advancement.

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.”

Among notable activities during Q3 were several initiatives aimed at enhancing customer experience and supporting digital transformation:

– The launch of an exclusive Signature Club offering premium benefits.
– Introduction of a new app developed with Keyrus.
– An upgraded motor insurance product developed through partnership with Takaful International Company.
– Expansion and modernization efforts through an agreement with Ericsson.
– Partnerships such as being an official sponsor for Youth City 2030 for four consecutive years.
– Collaboration with The Indian School for ICT upgrades across campuses.
– Renewed collaboration with ALSALAM Electronics for customer benefits.

On employee development and sustainability fronts:

– The company provided first aid and fire safety training for employees.
– It launched “Zain Career Connect,” a summer internship program supporting youth development.
– Initiatives were undertaken promoting e-waste awareness through partnership with ARKEDU.
– Partnership established with Global Shapers Manama Hub focusing on youth engagement and environmental sustainability.
– Hosted another round of “Khibra” speed mentoring sessions connecting youth with technology leaders.

Zain Bahrain was recognized among top companies contributing toward workforce nationalization by regional authorities and named one of Bahrain’s Top 50 Strongest Companies by Al Bilad.

Further details about Zain Bahrain’s financial results are available on www.bahrainbourse.com.



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