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2 June 2025
  • IFS Cloud 25R1 Release Accelerates Path to Value from Industrial AI
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  • IFS Cloud 25R1 Release Accelerates Path to Value from Industrial AI

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  • SentinelOne Recognized as a 2025 Gartner Peer Insights Customers’ Choice for XDR

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Profit growth

  • Financial

Zain Bahrain Reports Strong Q1 2025 Results with 9.6% Profit Growth

Shahzaib1 month ago1 month ago02 mins

Zain Bahrain’s Q1 2025 results show a 9.6% increase in profit to BD 1.17 million, alongside a 7.7% rise in revenue. The company made significant strides in network expansion, including a tripling of fiber internet speeds, while securing key certifications and partnerships, reinforcing its market leadership in Bahrain.

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  • Industries

Saudi Telecom Sector Sees 69% Growth in Profits in 2024, Driven by Higher Revenues and Operational Efficiency

Shahzaib2 months ago2 months ago02 mins

Saudi telecom companies saw a 69% increase in net profits for 2024, reaching SAR 28.39 billion ($7.57 billion), driven by higher revenues, a growing customer base, and operational efficiency. Stc led with a profit surge of 85.7%, while Mobily showed growth, and Zain experienced a decline due to higher costs.

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  • Financial

Robi Axiata Reports Record Profit and Largest Dividend Since Listing

Shahzaib3 months ago3 months ago02 mins

Robi Axiata reported its highest-ever profit for 2024, with a 119% increase in profit to Tk703 crore. The company also proposed a 15% cash dividend to shareholders, marking its largest payout since 2020. Despite challenges, Robi continues to invest in digital infrastructure and maintain a strong 4G network.

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  • Financial

Robi Axiata Reports Record Profit in 2024 Amid Challenging Business Environment

Shahzaib3 months ago3 months ago02 mins

Robi Axiata posted a record profit of Tk 7.03 billion in 2024, driven by operational efficiency and strategic investments, despite challenges such as internet blackouts and rising SIM taxes. Revenue growth was minimal, but the company declared a 15% cash dividend, marking its highest payout since 2020.

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  • Financial

Grameenphone Reports Strong Profit Growth in 2024, Declares Record Dividend

Shahzaib4 months ago4 months ago02 mins

Grameenphone (GP) posted a 10% profit growth in 2024, reaching Tk 36.4 billion, and declared a record 330% cash dividend. Despite a 4.9% revenue decline due to cautious consumer spending, GP’s EBITDA rose, and the company plans continued investment in network improvements and AI technology to drive future growth.

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  • Financial

Robi Axiata Reports 78% Profit Growth in Q3 2023 Despite Revenue Decline

Shahzaib7 months ago7 months ago04 mins

Robi Axiata reported a 78% year-on-year increase in profit, reaching Tk 1.89 billion in Q3 2023, driven by effective cost management and reduced foreign exchange losses. Despite a nearly 3% decline in revenue to Tk 24.74 billion, the company maintained growth momentum through strategic investments.

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  • Financial

Grameenphone Reports Modest Q3 Profit Growth Amid Economic Challenges

Shahzaib7 months ago7 months ago02 mins

Grameenphone experienced a modest profit growth of 1.0% in Q3 2024, reaching Tk 7.55 billion, despite challenges from rising operational expenses and political unrest. Revenue fell 3.8% to Tk 39.5 billion due to internet shutdowns, but nine-month profits grew 8.60% to Tk 29.55 billion.

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