During the fiscal year 2023, telecom operator Zain Sudan generated a revenue of $558 million, according to the latest annual results from Zain Group. This marks a significant 14% increase compared to the company's 2022 revenues.
In 2023, Zain Sudan reported an Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $269 million, showing a 7% rise with a 48% margin. The net profit for the financial year reached $216 million.
The notable growth of Zain Sudan is primarily attributed to data services, with a 22% year-on-year increase. Data services accounted for 35% of Zain Sudan's total revenue.
It's important to note that this positive performance occurred amid a conflict between the ruling military and paramilitary forces since April 15, 2023. The clashes significantly impacted the operations of telecom operators, leading to service interruptions. Despite these challenges, Zain is gradually restoring its services across Sudan after a general disruption in February.
