Q1 2021 Financial results

Kcell JSC Results for January – March 2021

Almaty, 30 April 2021 – Kcell Joint Stock Company (“Kcell” or the “Company”) (LSE, KASE: KCEL; AIX: KCEL, KCEL.Y), the leading provider of mobile telecommunications services in Kazakhstan, announces its interim results for January – March 2021.

First quarter

  • Net sales increased by 9.9 percent to
    KZT 44,016 million (40,062). Service revenue up 3.4 percent to KZT 35,802 million (34,620); service revenue excluding off-net bulk sms up 7.6 percent.
  • EBITDA, excluding non-recurring items, increased by 21.3 percent to KZT 19,421 million (16,007). The EBITDA margin grew to 44.1 percent (40.0).
  • Operating income, excluding non-recurring items, grew by 44.4 percent to KZT 11,770 million (8,149).

Full PDF report.