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Mobile telecommunications services provider Kcell said earnings jumped 49% in the second quarter thanks to an uptick in sales.
Earnings (EBITDA), excluding non-recurring items, grew by 48.8% to KZT 16,088m and total revenue in the second quarter increased by 4.3%, the largest increase since the second quarter of 2013.
Net sales increased by 4.3% to KZT 37,869m, while service revenue increased by 6.7% to KZT 34,188m.
'For the first time in five years, we managed to overcome the negative trend in our service revenue,' the company said.
Average revenue per user rose 21% in the second quarter following a 9.5% increase in the first quarter, following five years of declines