/KASE, October 19, 2018/ – Kcell (Almaty), whose shares are officially listed on
Kazakhstan Stock Exchange (KASE), has informed KASE about its financial results
for January-September 2018.
quote
Third quarter
- Net sales increased by 3.8 percent to KZT 38,970 million (37,549). Service
revenue decreased to KZT 33,668 million (34,695).
- EBITDA, excluding non-recurring items, was stable at KZT 14,593 million (14,626).
EBITDA margin of 37.4 percent (39.0).
- Operating income, excluding non-recurring items, decreased by 11.9 percent to
KZT 7,875 million (8,943).
- Net financial items decreased to KZT -2,181 million (-2,267).
- Net income decreased by 22.7 percent to KZT 3,007 million (3,889).
- Free cash flow decreased to KZT 3,762 million (3,986).
- During the quarter, the Company’s subscriber base declined to 9,234 thousand
(10,062). This was due to higher churn of inactive promo SIM cards as a result
of the revised strategic priorities - moving from quantity driven distribution
to value driven acquisition.
Nine-month period
- Net sales grew by 2.2 percent to KZT 111,659 million (109,262). Service revenue
down 2.8 percent to KZT 98,000 million (100,848).
- EBITDA, excluding non-recurring items, decreased by 3.5 percent to KZT 39,974
million (41,427). EBITDA margin of 35.8 percent (37.9).
- Operating income, excluding non-recurring items, down 16.5 percent to KZT
20,354 million (24,376).
- Net financial items decreased to KZT -6,346 million (-6,911).
- Net income increased by 10.3 percent to KZT 9,380 million (8,506).
- Free cash flow decreased to KZT 4,103 million (8,190).
- The number of subscribers decreased by 767 thousand year-on-year (10,001).
unquote
Detailed information is available on KASE website:
-
http://kase.kz/files/emitters/KCEL/kcel_reliz_191018_1.pdf – in Russian;
-
http://kase.kz/files/emitters/KCEL/kcel_reliz_191018_en.pdf – in English.
[2018-10-19]