{"id":3801,"date":"2020-07-29T10:11:00","date_gmt":"2020-07-29T10:11:00","guid":{"rendered":"https:\/\/investors.kcell.kz\/?p=3801"},"modified":"2023-11-22T10:12:53","modified_gmt":"2023-11-22T10:12:53","slug":"interim-results-for-january-june-2020","status":"publish","type":"post","link":"https:\/\/investors.kcell.kz\/?p=3801","title":{"rendered":"Interim Results for January \u2013 June 2020"},"content":{"rendered":"\n<p><strong>Almaty, 30 July 2020<\/strong>&nbsp;\u2013 Kcell Joint Stock Company (\u201cKcell\u201d or the &#8220;Company&#8221;) (LSE, KASE: KCEL; AIX: KCEL, KCEL.Y), the leading provider of mobile telecommunications services in Kazakhstan, announces its interim results for January \u2013 June 2020.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Second quarter<\/h3>\n\n\n\n<ul>\n<li>Net sales increased by 2.0 percent to KZT 38,626 million (37,869).<\/li>\n\n\n\n<li>EBITDA, excluding non-recurring items, remained stable at KZT 16,202 million (16,088), with EBITDA margin of 41.9 percent (42.5).<\/li>\n\n\n\n<li>Operating income, excluding non-recurring items, increased by 7.9 percent to KZT 8,762 million (8,121).<\/li>\n\n\n\n<li>Net finance cost decreased by 14.2 percent to KZT 2,384 million (2,779).<\/li>\n\n\n\n<li>Net income down 59.7 percent to KZT 3,202 million (7,939).<\/li>\n\n\n\n<li>CAPEX-to-sales ratio of 2.8 percent (5.6).<\/li>\n\n\n\n<li>Free cash flow of &nbsp;KZT 11,432 million (-3,027).<\/li>\n\n\n\n<li>The total number of subscriptions decreased by 129 thousand quarter on quarter to 7,863 thousand (7,992).<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">First half<\/h3>\n\n\n\n<ul>\n<li>Net sales up 7.7 percent to KZT 78,688 million (73,049).<\/li>\n\n\n\n<li>EBITDA, excluding non-recurring items, increased by 6.7 percent to KZT 32,048 million (30,040). EBITDA margin was 40.7 percent (41.1).<\/li>\n\n\n\n<li>Operating income, excluding non-recurring items, up 17.8 percent to KZT 16,860 million (14,313).<\/li>\n\n\n\n<li>Net finance cost decreased by 3.0 percent to KZT 4,693 million (4,838).<\/li>\n\n\n\n<li>Net income of KZT 8,556 million comparing to net loss of KZT 812 million, due to the termination of the Network Sharing Agreement by KaR-Tel LLP, resulting in a KZT 14,552 million penalty which was partially offset by reversal of tax accrual in the amount of KZT 5,069 million.<\/li>\n\n\n\n<li>CAPEX-to-sales ratio of 4.7 percent (5.8).<\/li>\n\n\n\n<li>Free cash flow of &nbsp;KZT 14,544 million (4,241).<\/li>\n\n\n\n<li>The number of subscribers decreased to 7,863 &nbsp;thousand (8,676), mainly as a result of moving from quantity driven distribution to value driven acquisition.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Almaty, 30 July 2020&nbsp;\u2013 Kcell Joint Stock Company (\u201cKcell\u201d or the &#8220;Company&#8221;) (LSE, KASE: KCEL; AIX: KCEL, KCEL.Y), the leading provider of mobile telecommunications services in Kazakhstan, announces its interim results for January \u2013 June 2020. Second quarter First half<\/p>\n","protected":false},"author":5,"featured_media":704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","footnotes":""},"categories":[128],"tags":[],"_links":{"self":[{"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=\/wp\/v2\/posts\/3801"}],"collection":[{"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3801"}],"version-history":[{"count":1,"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=\/wp\/v2\/posts\/3801\/revisions"}],"predecessor-version":[{"id":3802,"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=\/wp\/v2\/posts\/3801\/revisions\/3802"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=\/wp\/v2\/media\/704"}],"wp:attachment":[{"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investors.kcell.kz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}