/KASE, August 15, 2024/ – Kcell JSC (Almaty), whose shares are officially listed
on Kazakhstan Stock Exchange (KASE), has reported to KASE the results of
operations for the first half of 2024:
quote
Joint-stock company "Kcell" (hereinafter "Kcell", or the "Company") (KASE, KCEL)
– one of the large cellular operators in the telecommunications market of
Kazakhstan, informs its shareholders and investors about the results of
operations for the first half of 2024:
The leading mobile operator of Kazakhstan, Kcell, today presented consolidated
financial statements based on the results of its activities in the first half of
2024.
The company maintains a high level of margins, despite significant investments
in network infrastructure and equipment. Combined with a prudent approach to
financing, this allows the operator and management to maintain financial
strength and profitability.
Thus, based on the results of six months of 2024, the Company managed to
increase revenue by 9.7 % YoY – to 119.8 billion tenge. At the same time,
revenue from contracts with customers amounted to 116.9 billion tenge, which is
8.7 % higher than the comparable period in 2023, and service revenue was 98.3
billion tenge, which is also 8.3 % higher than the first half of last year.
unquote
Full information is available on –
https://kase.kz/files/emitters/KCEL/kcel_relizs_150824_1.pdf
[2024-08-15]