Safaricom is doing wonders

[Teargass]

Safaricom net profit up by 14.7 per cent to Sh63.4b​

Safaricom has reported a 14.7 per cent increase in net profit to Sh63.4 billion for the year ended March 2019.

Service revenue grew by seven per cent to Sh240.3 billion, M-Pesa revenue grew by 19.2 per cent to Sh74.99 billion and voice service revenue by 0.3 per cent to Sh95.9 billion.

Mobile data revenue increased by 6.4 per cent to Sh38.69b.

During the year, there was a 7.4 per cent increase in number of customers to 31.8 million, which supported the services revenue of growth of 7.0 per cent.

Safaricom CEO Bob Collymore said Kenyans have so far borrowed Sh45 billion on its credit facility Fuliza. A total of Sh29 billion were transacted on Fuliza during the period under review.

The directors have recommended for approval the payment of a normal dividend per share of Sh1.25 representing a total dividend of Sh50.08 billion.

They also recommended a special dividend per share of Sh0.62 representing total special dividend of Sh24.84 billion.

The telco remitted Sh98.13 billion in duties, taxes and licence fees to the government.

 

[simplemind]

Watanzania tusilaze damu, changamkia hisa za Safaricom. Rostam leads we follow.

 

[Teargass]

SAFARICOM has no competitor in the region apart from Sportpesa which is also a Kenyan company.

 

[Teargass]

We are now waiting for Kenya Ports Authority report.

 

[vulcan]

Oooh damn it. 63B? that is very encouraging

 

[simplemind]

Oooh damn it. 63B ?? that is very encouraging

Phenomenal ,amazing .

 

[Teargass]

And they paid 98bn to the govt.

 

[Freddie998]

Wow!!

 

[Escaper]

Trade cycle is waiting.

 

[Janerose mzalendo]

Inasaidiaje Waturkana na Kiberians?

 

[vulcan]

Inasaidiaje waturkana na kiberians?

Umeuliza kabla waulize..😀😀

 

[Arnold mrass cannambo]

We are now waiting for Kenya Ports Authority report.

Yet they wonder how our GDP is at 99billion and growing

 

[pilato93]

Kuna kampuni ngapi za simu na je kuna fair ground ya kushindana?

 

[Oii]

SAFARICOM has no competitor in the region apart from Sportpesa which is also a Kenyan company.View attachment 1086791

Sportpesa ni kenyan company?

 

[Teargass]

Yeah, it's a Kenyan company owned by Kenyans.

Sportpesa ni kenyan company?

 

[tuusan]

Yet they wonder how our GDP is at 99billion and growing

Na bado haijamaliza tatizo la njaa turkana just imagine

 

[kunguni wa ulaya]

Jiwe anatamani aingilie kati apate mafeza!

 

[sodoliki]

Tanzania kampuni ikipata hasara inahamishiwa ikulu, pathetic

 

[Oii]

Yeah, it's a Kenyan company owned by Kenyans.

Uongo mtupu

 

[Teargass]

Ni ya wapi?

Uongo mtupu