Safaricom reports a 20% rise in half year net income for the period to 30th September 2018

Safaricom reports a 20% rise in half year net income for the period to 30th September 2018
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1. Customer numbers have increased by 1.5% to 29.94m as at 30 September 2018 from 29.49m as at 30
September 2017
2. Mobile data customers who were active in the last 30 days increased by 3.8% to 17.59m as at 30 September 2018
from 16.95m as at 30 September 2017. Usage increased 67% yoy to 640MBs with effective price per MB reducing
by 36% yoy.
3. M-PESA customers who were active in the last 30 days grew by 8.8% to 21.01m as at 30 September 2018
compared to 19.31m as at 30 September 2017
4. Service revenue increased by 7.7% from Kshs 109.73bn to Kshs 118.21bn for the period ended 30 September 2018
5. Voice service revenue increased by 1.4% from Kshs 47.35bn to Kshs 48.03bn for the period ended 30 September 2018
6. Messaging revenue decreased by 1.2% from Kshs 8.92bn to Kshs 8.81bn for theperiod ended 30 September 2018
7. Mobile data revenue increased by 10.8% from Kshs 17.55bn to Kshs 19.45bn for the period ended 30 September 2018
8. Fixed service revenue increased by 21.0% from Kshs 3.23bn to Kshs 3.91bn for the period ended 30 September 2018
9. M-PESA revenue grew by 18.2% from Kshs 30.05bn to Kshs 35.52bn for theperiod ended 30 September 2018
10. Non-Voice service revenue (M-PESA/Messaging/Broadband/Other service revenue) increased to 59.4% of total service
revenues for the period ended 30 September 2018
11. EBITDA increased by 14.5% from Kshs 54.27bn to Kshs 62.12bn for the period ended 30 September 2018..
12. EBIT increased by 18.7% from Kshs 37.53bn to Kshs 44.56bn for the period ended 30 September 2018.
13. Net income increased by 20.2% from Kshs 26.20bn to Kshs 31.50bn for the period ended 30 September 2018.

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