Kazakhtelecom reports 9M 2023 results

21.11.23 17:20
/KASE, November 21, 2023/ – Kazakhtelecom JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated November 21, 2023: quote The country's largest telecom operator has disclosed financial statements for the 3rd quarter of this year. According to the document, the Kazakhtelecom group of companies showed growth in all main financial and economic indicators over 9 months. According to consolidated statements, the group's revenue increased during this period by KZT 30 billion and exceeded KZT 504 billion (KZT 475 billion for the first 9 months of 2022). Growth was achieved due to increased revenues in both the fixed-line and mobile segments. EBITDA improved by 3.2% and its margin to revenue was 46.5%. Net profit also increased and amounted to KZT 89.3 billion (KZT 88.7 billion for the first 9 months of 2022). unquote The complete press release is available on: - https://kase.kz/files/emitters/KZTK/kztk_relizs_211123.pdf – in Russian; - https://kase.kz/files/emitters/KZTK/kztk_reliz_211123_en.pdf – in English. [2023-11-21]