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Tag: revenue falls
Zain Group revenue falls 6% in Q1, forex impact hits results
2021-05-10 09:36:00| Telecompaper Headlines
(Telecompaper) Zain Group's consolidated revenue decreased by 6 percent year on year to KWD 382 million for the first quarter of 2021...
Tags: results
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hits
Jumia revenue falls 15% in Q4, annual active consumers up 12%
2021-02-25 09:32:00| Telecompaper Headlines
(Telecompaper) African e-commerce group Jumia's revenue decreased by 15.3 percent to EUR 41.8 million in the three months to 31 December 2020...
Safaricom H1 service revenue falls 5% as M-Pesa turnover shrinks by 15%, active customers rise 14%
2020-11-09 09:33:00| Telecompaper Headlines
(Telecompaper) Kenyan operator Safaricom's net profit decreased by 6.0 percent to KES 33.07 billion in the first six months to 30 September from KES 35.19 billion in the same period of 2019. Total revenue decreased by 4.1 percent to KES 124.53 billion from KES 129.92 billion in 2019 with service revenue dropping 4.8 percent to KES 118.41 billion from KES 124.32 billion. The company attributed the decline to Covid-19 pandemic, blaming the decline in service revenue performance on lower M-Pesa and voice revenues.
Tags: service
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rise
Zain Group revenue falls 1% in Q3, customer base holds steady
2020-11-04 09:14:00| Telecompaper Headlines
(Telecompaper) Zain Group reported third-quarter revenue of KWD 408 million, down 1 percent annually. EBITDA reached KWD 166 million, a decrease of 9 percent year on year, reflecting a 41 percent EBITDA margin. Net profit amounted to KWD 48 million, a 14 percent decrease year on year. EPS reached KWD 0.11.
Tags: group
customer
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falls
BT reports half-year revenue down 8%, EBITDA falls 5% on Covid impact
2020-10-29 10:17:00| Telecompaper Headlines
(Telecompaper) BT has reported revenue of GBP 10.59 billion for the half year to 30 September, down 8 percent on the impact of Covid-19, including lower BT Sport revenue and a drop in business activity at the enterprise units, as well as declines in legacy products.