| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 2,656 | 2,690 | -1.263 | 2,888 | -8.033 |
| Gross Profit (Loss) | 1,659 | 1,585 | 4.668 | 1,724 | -3.77 |
| Operational Profit (Loss) | 260 | 274 | -5.109 | 416 | -37.5 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 201 | 93 | 116.129 | 231 | -12.987 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 201 | 85 | 136.47 | 269 | -25.278 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 11,071 | 10,792 | 2.585 |
| Profit (Loss) per Share | 0.22 | 0.1 | |
| 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 2,656 million in Q1 2026 compared to SAR 2,690 million in Q1 2025, representing a slight decrease of 1.3%. While the consumer segment continued to show growth; this was offset mainly by a decline in handsets sale during the period. |
| 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 period increased by SAR 108 million (a growth of 116%) to reach SAR 201 million, compared to SAR 93 million in Q1 2025. This significant increase is attributed to: Improved Gross Profit Margin: Despite lower revenue, gross profit increased by SAR 74 million as the cost of revenue decreased by 9.8% (SAR 108 million) as a result of lower device cost and revenue mix improvement. One-off income: The company recognized SAR 98 million income from Universal Service Fund during the current quarter. Reduction in Finance Costs: Finance costs decreased by SAR 26.3 million (15%) due to the optimization of the company’s debt profile and the repayment of certain facilities. These positive impacts were partially offset by an increase in Expected Credit Loss (ECL) by SAR 26.7 million and an increase in Opex by SAR 57 million mainly from the Network expansion and maintenance cost. It is worth mentioning that after excluding the one-off income in this quarter, the net profit would have increased by 11% compared to Q1 2025. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Zain KSA Q1 2026 revenue is lower than Q4 2025 by SAR 232 million, representing an 8% decrease. This decrease is primarily due to seasonality mainly related to the device’s sales. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit moved from SAR 231 million in Q4 2025 to SAR 201 million this quarter. This is mainly due to: A decrease in the gross margin in Q1 2026 of SAR 64 million compared to Q4 2025. An increase in Operating expenses by SAR 84 million, mainly from the Network expansion and maintenance cost. Reduction of Finance Cost by SAR 12 million due to the optimization of the company’s debt profile and the repayment of certain facilities. One-off income: The company recognized SAR 98 million income from Universal Service Fund during the current quarter. |
| 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 79 million to further enhance the customer’s experience and the quality of the services. |
