/KASE, July 17, 14/ – Kcell JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of July 17, 2014:

quote

Kcell Joint Stock Company (“Kcell” or the "Company") (LSE, KASE: KCEL), the leading provider of mobile telecommunications services in Kazakhstan by market share in terms of revenue and subscribers, announces its interim results for January – June 2014.

CONTINUED IMPROVED DEVELOPMENT WITH INCREASED RESULTS

Second quarter

• Revenue increased by 3.8 percent to KZT 48,035 million (46,271).
• EBITDA, excluding non-recurring items, rose by 8.0 percent to KZT 27,536 million (25,508). EBITDA margin increased to 57.3 percent (55.1).
• Operating income, excluding non-recurring items, grew by 7.5 percent to KZT 21,238 million (19,748).
• Net finance cost decreased to KZT 219 million (537).
• Net income 6.2 percent higher at KZT 16,512 million (15,551).
• Free cash flow decreased to KZT 16,213 million (26,581).
• Net addition during the quarter is 154,000 subscriptions. The number of subscriptions decreased by 608,000 during the quarter, due to clean-up of 762,000 subscriptions, no effect on market share.

unquote

The full press-release is available on KASE website at:

• see more – in Russian;
• see more – in English.

[2014-07-17]