Kuwaiti mobile operator Zain posted a 21 percent lower second-quarter net profit of 70.3 million dinars ($257.3 million), according to Reuters calculations, missing analyst estimates.
Net profit in the six months to June 30 came in at 140.2 million dinars, Zain said in a statement.
Analysts surveyed by Reuters had expected the firm to post an average second quarter net profit of 87.4 million dinars.
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