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Kcell Q1 earnings rise as subscriber growth boosts net sales
StockMarketWire.com
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Mobile telecommunications company Kcell reported a rise in first-quarter earnings as net sales were boosted by increased subscriber growth.
For the three months through March, earnings before interest, taxes, depreciation and amortisation, or EBITDA, excluding non-recurring items, increased by 21.3% to KZT 19,421 million as sales grew 9.9% to KZT 44,016 million year-on-year.
The subscriber base increased to 8,053,000 from 7,992,000.
Story provided by StockMarketWire.com
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