Safaricom posts KSh 58.2 billion half‑year profit, driven by Kenya growth and Ethiopia turnaround
Full story
Safaricom PLC reported a net profit of KSh 58.2 billion for the first six months of the year. This represents a 35.9% increase. Service revenue rose by 13.1% during this period. Operating free cash flow grew by 59.1%. These results were driven by growth in Kenya and reduced losses in Ethiopia.
Safaricom PLC reported a 35.9% rise in six‑month net profit to KSh 58.2 billion, with service revenue up 13.1% and operating free cash flow climbing 59.1% as Kenya expands and Ethiopian losses shrink.