July 20, 2018 / 6:36 AM / 2 months ago

Kazakhstan's Kcell H1 net profit up 38.1 pct

ALMATY, July 20 (Reuters) - Kcell , Kazakhstan’s biggest mobile telecommunications operator, reported a 6.37 billion tenge ($18.4 million) first-half net profit on Friday, up 38.1 percent from a year earlier.

Kcell, controlled by Sweden’s Telia, said earnings before interest, taxes, depreciation and amortisation (EBITDA), excluding non-recurring items, fell 5.3 percent to 25.38 billion tenge.

$1 = 346.7600 tenge Reporting by Mariya Gordeyeva; writing by Andrey Ostroukh; editing by Jason Neely

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