Kcell reports financial results for fourth quarter and January–December 2023

18.03.24 11:40
/KASE, March 18, 2024/ – Kcell JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about its performance in the fourth quarter and January–December 2023: quote Kcell Joint Stock Company ("Kcell" or the "Company") (KASE, KCEL), one of the leading providers of mobile telecommunications services in Kazakhstan, announces its results for January-December 2023. 12 months - Net sales increased by 2,8% to KZT 227 493 million (221 232). Service revenue increased by 9,6% to KZT 190 332 million (173 692). - EBITDA, excluding non-recurring items, increased by 4,6 % million 95 026 million (90 848). EBITDA margin increased by 0,71% (41,06%). - Operating income, excluding non-recurring items, decreased by 17% to KZT 50 948 million (61 587). - Net finance cost increased by 54,5% to KZT 7 550 million (4 920). - Net income decreased by 18,5% to KZT 32 897 million (40 350). - CAPEX-to-sales ratio was at 77,8 % (18,8). - Free cash flow was KZT 79 857 million (28 278) - Total subscriber base was 7 792,5 thousand users (7 986). unquote The complete information is available on: - https://kase.kz/files/emitters/KCEL/kcel_information_150324.pdf – in Russian; - https://kase.kz/files/emitters/KCEL/kcel_information_150324_en.pdf – in English. [2024-03-18]