"The ring" turn into losses in the second quarter.

06 September 2016 12:31 pm

Direct: the financial statements of the company showed the ring to "Zain Iraq (TZNI), included Iraq's financial market, the company turned to loss of 19.85 billion dinars (16.67 million dollars) in the second quarter of 2016, as compared to its earnings in the same period last year. $ 38.16 billion dinars (32.03 million dollars).

At the level of the first half of the year, the data showed company profits growing by 670.5% to 22.81 billion dinars, compared to its earnings in the first half of the year 2015 $ 2.96 billion dinars.

The company's earnings have declined by 92.8% in the first quarter of this year to reach 2.96 billion dinars, compared to Q1 last year amounting to 41.12 billion dinars, according to the data available on the site.