The Board of Safaricom PLC has approved the payment of an interim dividend of Ksh0.64 per ordinary share
held amounting to Ksh25.64 billion, for the year ending March 31, 2022.
The interim dividend will be payable to shareholders on the Register of Members as at the close of business on March 17, 2022 and will be paid on or about March 31, 2022.
Safaricom profit after tax for the six months ending September 30, 2021, rose 12.1% to Ksh37.05 Billion from Ksh33.06 Billion in the same period in 2020. Total revenue also grew 17.5% from 124.5 Billion in the same period last year to 146.36 Billion in H1FY22.
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M-Pesa revenue recorded strong performance growing 45.8% YoY in H1 FY22 following the return to charging at the beginning of January 2021. Total transaction value grew 51.5% YoY to Ksh13.71 Trillion while the volume of transactions grew 42.0% YoY to Ksh7.3 Billion.
Mobile data revenue grew 6.3% YoY weighed down by price rationalization, absorbed tax from excise duty adjustment on data from August 2021 and a lapping effect of the accelerated growth recorded in H1 FY21.
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Safaricom’s Capital expenditure for the six months period ended 30 September 2021 rose by 0.3% to KSh 22.81 Billion.
The telco’s borrowings stood at Ksh77.0 Billion with cash and cash equivalents standing at Ksh26.45 Billion leaving a net debt position of Ksh50.54 Billion.
On Thursday, February 24, 2022, Safaricom was the day’s main feature in the Nairobi Stock Exchange with 18 million shares traded valued at Ksh633 million changing hands at between Ksh34.05 and Ksh36.45. This represented 78.40 percent of the day’s traded value.
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