/KASE, April 15, 2025/ – Kcell JSC (KASE ticker – KMGZ), has announced the
following:
quote
Kcell Joint Stock Company (hereinafter referred to as "Kcell" or the "Company")
(KASE: KCEL), one of the leading telecommunications service providers in
Kazakhstan, discloses its financial results for the fourth quarter and twelve
months of 2024.
Confident growth, new technologies, and large-scale infrastructure projects
marked Kcell’s transition into 2025, reinforcing its industry leadership and
setting the direction for the telecom market's development. The Company
increased its revenue by 6% to KZT 241.3 billion, expanded 5G coverage, and
implemented major initiatives, including the launch of mobile services in the
Almaty metro system.
Kcell presented its operational and financial results at the Kazakhstan Stock
Exchange (KASE) Issuer's Day, where it shared its achievements and strategic
priorities for the future.
The past year saw steady growth and significant investment for the Company.
Total revenue reached KZT 241.3 billion, while net profit amounted to KZT 10.1
billion. The subscriber base saw an increase to 7.9 million customers – one of
the key indicators of user trust and sustained demand for the Company's
services. The share of users with 5G-enabled devices also continues to grow
steadily, reaching 27.4%, underscoring the readiness of Kazakhstan’s population
to shift to next- generation mobile internet.
unquote
Full version of the press release in Russian –
https://kase.kz/files/emitters/KCEL/kcel_relizs_150425_1.pdf
Full version of the press release in English –
https://kase.kz/files/emitters/KCEL/kcel_relizs_150425_en.pdf
[2025-04-15]