January 23, 2018 / 12:53 PM / in 3 months

BRIEF-Zain Saudi turns to Profit in FY 2017

Jan 23 (Reuters) - MOBILE TELECOMMUNICATIONS COMPANY SAUDI ARABIA:

* FY NET PROFIT 12 MILLION RIYALS VERSUS LOSS OF 979 MILLION RIYALS YEAR AGO

* FY TOTAL REVENUE 7.31 BILLION RIYALS VERSUS 6.93 BILLION RIYALS YEAR AGO

* SUBSCRIBER BASE DECREASED BY 24 PERCENT, REACHING 8.3 MILLION SUBSCRIBERS FOR CURRENT YEAR COMPARED TO 10.9 MILLION SUBSCRIBERS IN PREVIOUS YEAR Source text for Eikon: Further company coverage: )

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