/KASE, July 30, 2020/ – Kcell (Almaty), whose shares are officially listed on
Kazakhstan Stock Exchange (KASE), has informed KASE about results of its
operations in January–June 2020:
quote
Joint Stock Company "Kcell" (hereinafter – "Kcell" or "Company") (LSE, KASE:
KCEL; AIX: KCEL, KCEL.Y), a leading operator in the telecommunications market
of Kazakhstan, announces interim results for January-June 2020.
Second quarter
- Net sales increased by 2.0 percent and amounted to KZT38,626 mln (37,869).
- EBITDA, excluding non-recurring expenses, remained at the same level of
KZT16,202 mln (16,088). The EBITDA margin made up 41.9 percent (42.5).
- Operating income, excluding non-recurring expenses, increased by 7.9 percent
and amounted to KZT8,762 mln (8,121).
- Net financing costs decreased by 14.2 percent and amounted to KZT2,384 mln
tenge (2,779).
- Net income decreased by 59.7 percent and amounted to KZT3,202 mln (7,939).
- Ratio of CAPEX to sales made up 2.8 percent (5.6).
- Free cash flow amounted to KZT11,432 million (-3,027).
- In the reporting quarter, the subscriber base decreased by 129 thousand users
and amounted to 7,863 thousand (7,992).
First half-year
- Net sales increased by 7.7 percent and amounted to KZT78,688 mln (73,049).
- EBITDA, excluding non-recurring expenses, increased by 6.7 percent to
KZT32,048 mln (30,040). The EBITDA margin made up 40.7 percent (41.1).
- Operating income, excluding non-recurring expenses, increased by 17.8
percent and amounted to KZT16,860 mln (14,313).
unquote
More details are available on KASE website –
https://kase.kz/files/emitters/KCEL/kcel_reliz_300720_1.pdf
[2020-07-30]