Kcell reports financial results for January–June 2021

30.07.21 10:47
/KASE, July 30, 2021/ – Kcell (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about operating results for January–June 2021: quote Kcell Joint Stock Company ("Kcell" or the "Company") (KASE, AIX: KCEL), the leading provider of mobile telecommunications services in Kazakhstan, announces its interim results for January-June 2021. Second quarter - Net sales increased by 19.5 percent to KZT46 147 million (38 626). - EBITDA, excluding non-recurring items, increased by 18.5 percent to KZT 19 383 million (16 362), with EBITDA margin of 42.0 percent (42.4). - Operating income, excluding non-recurring items, increased by 31.6 percent to KZT 11 600 million (8 812). - Net finance cost decreased by 19.8 percent to KZT 1 960 million (2 443). - Net income increased by 165.3 percent to KZT8 477 million (3 195). - CAPEX-to-sales ratio increased to 4.2 percent (2.8). - Free cash flow doubled to KZT 23 100 million (11 531). - The total number of subscriptions increased by 165 thousand to 8 028 thousand (7 863). First half - Net sales up 14.6 percent to KZT 90 163 million (78 688). - EBITDA, excluding non-recurring items, increased by 19.9 percent to KZT 38 804 million (32 369). EBITDA margin increased to 43.0 percent (41.1). - Operating income, excluding non-recurring items, up 46.4 percent to KZT 23 370 million (15 964). - Net finance cost decreased by 13.2 percent to KZT 4 183 million (4 817). - Net income increased by 83.0 percent to KZT15 627 million (8 538). - CAPEX-to-sales ratio of 5.2 percent (4.7). - Free cash flow increased by 48.6 percent to KZT 21 614 million (14 544). unquote Full information is available on KASE website: - https://kase.kz/files/emitters/KCEL/kcel_reliz_300721_1.pdf – in Russian; - https://kase.kz/files/emitters/KCEL/kcel_reliz_300721_eng_1.pdf – in English. [2021-07-30]