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17.10.2014 15:07 #Corporate events

Kcell announces January–September 2014 operating results

/KASE, October 17, 14/ – Kcell JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of October 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 unaudited interim results for January – September 2014.

Third quarter

  • Revenue increased by 0.9 percent to KZT 49,165 million (48,749).
  • EBITDA, excluding non-recurring items, rose by 2.7 percent to KZT 27,624 million (26,892).
  • EBITDA margin of 56.2 percent (55.2).
  • Operating income, excluding non-recurring items, up 2.4 percent to KZT 21,551 million (21,045).
  • Net finance cost decreased to KZT 245 million (536).
  • Net income down 15.5 percent to KZT 13,457 million (15,921) due to write- down of assets under constructions and inventories.
  • Free cash flow decreased to KZT 17,887 million (23,363).
  • During the quarter the subscriber base rose by 181,000 to 13,064 million.

unquote

The full press-release is available on KASE website in Russian at see more

[2014-10-17]