Almaty, 20 April 2018 - Kcell Joint Stock Company ('Kcell' or the 'Company') (LSE, KASE: KCEL),
the leading provider of mobile telecommunications services in Kazakhstan by market share in terms
of revenue and subscribers, announces its interim results for January - March 2018.
First quarter
Net sales increased by 2.1 percent to
KZT 36,386 million (35,632). Service revenue down 1.6 percent to KZT 32,267 million (32,797).
EBITDA, excluding non-recurring items, increased by 1.5 percent to KZT 13,456 million (13,260). The EBITDA margin was stable at
0 percent (37.2)
Operating income, excluding non-recurring items, down 5.0 percent to KZT 7,246 million (7,630).
Net finance cost and other financial items decreased to KZT 2,315 million (2,683).
Net income decreased by 5.0 percent to
KZT 3,752 million (3,951).
CAPEX-to-sales ratio of 7.6 percent (16.6).
Free cash flow decreased to KZT 1,503 million (1,748).
During the quarter, the subscriber base remained stable at 9,958 thousand (9,979).
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Kcell JSC published this content on 20 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 April 2018 04:06:04 UTC
Kcell AO is a Kazakhstan-based company primarily engaged in the provision of mobile communication services. The Company provides mobile voice telecommunications services, messaging services, value-added services such as multimedia and mobile content services, as well as data transmission services including internet access. It has two brands: the Kcell brand, which is targeted primarily at corporate subscribers (including government subscribers), and the Activ brand, which is targeted primarily at mass market subscribers. The Company offers its services through its network covering nearly the whole populated territory of Kazakhstan. In addition, the Company is engaged in retail sale of electronics, such as smartphones, tablets and laptops. The Company has a single operating segment - Mobile communication services.