RIYADH: Shares of Zain KSA edged lower in early Monday trading, despite the company doubling its net profit for the first quarter of 2022. As of 11:53 a.m. Saudi time, Zain"s shares were trading at SR13.96, down 0.71 percent. Mobile Telecommunication Co. Saudi Arabia, known as Zain KSA, has seen a 98 percent increase in net profit during the first quarter of 2022, on the back of higher revenue. The telecom firm"s net profit rose to SR81 million, ($21.6 million) from SR41 million on a quarterly basis, according to a filing to the Saudi Exchange. The increase was due to a 12.44 percent rise in earnings driven by the growth in 5G and other revenue streams.