One Billion Dollars Profit From Zain

Zain achieved a net profit of $1.03 Billion for the 2011 fiscal year, vs. $1.02 billion in fiscal 2010. Despite Zain’s inability to positively increase its profits for last year, a billion dollars is still a billion dollars. It’s a super major achievement in these terrible economic times. Way to go Zain, Congratulations.

Word is Zain intends on distributing cash dividends of 65 fils per share, so congratulations to all Zain shareholders.