Safaricom revenues approaching 3 billion dollars

Safaricom [
@SafaricomPLC
] FY 22/23 Results (YoY, KES):

—Total Revenue: +4.3% to 310.9B
—M-Pesa Revenues: +8.8% to 117.2B
—EBITDA: -6.2% to 139.9B
—Operating Profit: -22.1% to 84.9B
—Profit After Tax: -22.2% to 52.5B
—EPS: -10.9% to 1.55
—DPS: -13.7% to 1.20

rvp20182:
You're still making a meal over small salary hitch on some few departments in one month of March? At worst salaries delayed for a week; That story is dead. Stop googling hoping to see more signs of kenya going down.

Focus on your Zoo that has printed 50B dollars under Buhari to pay salaries

The Central Bank of Nigeria’s advances to the federal government rose 2900 per cent in the last seven years to N23.8 trillion, an unprecedented rise that violated the law, stoked inflation and worsened the country’s debt burden.

I always knew you had issues. I didn't know you were blind as well. The report was 7 days ago, meaning April salaries were issues as well.

rvp20182:
Safaricom revenues approaching 3 billion dollars

Safaricom [
@SafaricomPLC
] FY 22/23 Results (YoY, KES):

—Total Revenue: +4.3% to 310.9B
—M-Pesa Revenues: +8.8% to 117.2B
—EBITDA: -6.2% to 139.9B
—Operating Profit: -22.1% to 84.9B
—Profit After Tax: -22.2% to 52.5B
—EPS: -10.9% to 1.55
—DPS: -13.7% to 1.20

Dangote Cement alone(not the group) is almost $4bn.

28 February 2023
Dangote Cement Group announced revenues us 17 per cent to
NGN1618.3bn (US$3.51m) in FY22 and EBITDA up 3.5 per
cent at NGN708.2bn. Profit after tax increased by 4.9 per cent
to NGN382.3bn. Net debt at the end of the period totalled
NGN422.8bn with a net gearing of 39.2 per cent.

rvp20182:
Tanzania railways is being built by Turkish. Your dam by Egyptians. Kenya doesnt import chinese workers - but a few engineers. One Engineer can supervise 1000 kenyans.

And Kenya didnt have railway making expertise - and as part of deal - we had China build upgrade
1) Railway Technical Institute in Nairobi
2) We send many kenyans to China

Now as you speak Kenyans are running and operating SGR - and Kenyans have revamped the old railway line (MGR) without any china help.

Tanzania - you began 1-2yrs after kenya - your Turkish lazy men are still building the railway?? When kenya has been operational since 2007.

THE DAY KENYA LEARN SOMETHING FROM TANZANIA - we will truly be dead.

lol why do you hate your next door neighbors so much do you have the same view with Somalians and ugandans

rvp20182:
Safaricom revenues approaching 3 billion dollars

Safaricom [
@SafaricomPLC
] FY 22/23 Results (YoY, KES):

—Total Revenue: +4.3% to 310.9B
—M-Pesa Revenues: +8.8% to 117.2B
—EBITDA: -6.2% to 139.9B
—Operating Profit: -22.1% to 84.9B
—Profit After Tax: -22.2% to 52.5B
—EPS: -10.9% to 1.55
—DPS: -13.7% to 1.20

So your biggest firm is not even up to 3 Billion dollars in revenue? why?

nelxxy:
I Will Soon Start Earning Revenue That Is Higher Than Ghana’s GDP From All My Companies—Dangote



https://thewhistler.ng/i-will-soon-start-earning-revenue-that-is-higher-than-ghanas-gdp-from-all-my-companies-dangote/

Lol, he didn't put it that exact same way though.

However, he would likely list the Dangote refinery in a bigger stock market that can absorb it, probably London stock market and then Nigeria and South Africa because the value of the business should be worth 63 Billion dollars in market cap by calculations from experts.

The Nigerian total market cap is around 65 Billion dollars.

So if you add that Dangote refinery market cap to just his cement alone (which is already at 10 Billion dollars on the Nigerian stock exchange) and other businesses, you are talking close to 80 Billion dollars.

Obaaderemi2:
Dangote Cement alone(not the group) is almost $4bn.

MTN Nigeria made same last year as well as Airtel. This Safaricom revenue should be competing with BUA foods.

Obaaderemi2:
Dangote Cement alone(not the group) is almost $4bn.

Definitely as feast on Nigeria economic corpse

GeneralDae:

MTN Nigeria made same last year as well as Airtel. This Safaricom revenue should be competing with BUA foods.

The entire Nigeria telecom made 2.something trillion...that 5 billion..in 220m poverty capital. Safaricom just got started in Ethiopia..110m backwater...so in 3yrs Safaricom will be behemoth

Thegamingorca:
lol why do you hate your next door neighbors so much do you have the same view with Somalians and ugandans

Every Kenyan has general contempt for Tanzania..not Uganda ..not even Somalia.We just can get along with witchcraft loving backward Tanzania despite us speaking swahili.Tanzania should be good addition to voodoo loving West Africa.

Obaaderemi2:
I always knew you had issues. I didn't know you were blind as well. The report was 7 days ago, meaning April salaries were issues as well.

Kenya has vibrant media..if such happens it reported,discussed and shared.How did you allow Buhari to print 50b dollars..now total debt is 170B dollars

rvp20182:
The entire Nigeria telecom made 2.something trillion...that 5 billion..in 220m poverty capital. Safaricom just got started in Ethiopia..110m backwater...so in 3yrs Safaricom will be behemoth

False. MTN Nig made 2 trillion naira last year and Airtel made almost same.

Glo is not listed on the Nigerian stock exchange but it also makes over 1 trillion naira in revenue.

2 trillion naira is around 4.5 Billion dollars.

Obaaderemi2:
Kenya is worse than a zoo. It's a total jungle.
No responsible government owes salaries.
It's now a normal thing in Little India.

Why is the saddamochieng00 guy not saying anything about this? We said it on the other thread years ago that little India was broke, the RIP guy kept arguing blindly and no little Indian could grow the balls to call him out. TOtal lack of code of honour.

Say what? That there was delayed payments and the issue was sorted within a week.

GeneralDae:

False. MTN Nig made 2 trillion naira last year and Airtel made almost same.

Glo is not listed on the Nigerian stock exchange but it also makes over 1 trillion naira in revenue.

2 trillion naira is around 4.5 Billion dollars.

Airtel revenues are 600m dollars..globalcom..little. Next lie

rvp20182:
Airtel revenues are 600m dollars..globalcom..little. Next lie

Where exactly do you get your data from. Post your link.

Airtel Africa said Thursday its revenue in the nine months to December 2022 accelerated 12.1 per cent to $3.9 billion compared to the same period of 2021.

Airtel Nigeria made over 800 million dollars in only 6 months of 2022

So I mixed that up for Airtel Africa. But you can see they still made over 800 million dollars already as at June 2022.

https://technext24.com/2022/08/03/airtel-mtn-record-%e2%82%a61-2tn-revenue-6-months/

rvp20182:
Airtel revenues are 600m dollars..globalcom..little. Next lie

Here you have the exact revenue of Airtel Nigeria only not Airtel Africa as in the previous post

Telecommunications operator, Airtel Nigeria, ranked in the sum of N980 billion ($2.128 billion) from its services for the financial year ended March 31, 2023. This represents a 20.3% growth year on year compared with the N864.9 billion ($1.878 billion) recorded in the same period last year.

https://nairametrics.com/2023/05/11/data-pushes-airtel-nigerias-revenue-to-n980-billion-in-2023/

GeneralDae:

Here you have the exact revenue of Airtel Nigeria only not Airtel Africa as in the previous post

Telecommunications operator, Airtel Nigeria, ranked in the sum of N980 billion ($2.128 billion) from its services for the financial year ended March 31, 2023. This represents a 20.3% growth year on year compared with the N864.9 billion ($1.878 billion) recorded in the same period last year.

https://nairametrics.com/2023/05/11/data-pushes-airtel-nigerias-revenue-to-n980-billion-in-2023/

look like industry wise it stuck at 7-8B dollars versus kenya 3-4B dollars

rvp20182:
Definitely as feast on Nigeria economic corpse

That's not the point. The point is your biggest company is small fry in Nigeria.

Saddamochieng00:


Say what? That there was delayed payments and the issue was sorted within a week.

March salaries were not paid until late April. That's not a week.

rvp20182:
Kenya has vibrant media..if such happens it reported,discussed and shared.How did you allow Buhari to print 50b dollars..now total debt is 170B dollars

We open your eyes to most of the things happening in Kenya.

Our debts are still more manageable than yours. You are going to default soon. Bookmark this.

Obaaderemi2:
That's not the point. The point is your biggest company is small fry in Nigeria.

How many Dangotes do you have ..one..feasting on your decaying economy like a vulture

Obaaderemi2:
We open your eyes to most of the things happening in Kenya.

Our debts are still more manageable than yours. You are going to default soon. Bookmark this.

manageable dunderhead when you long exceeded 100 percent debt servicing ratio n long resorted to printing naira to pay salaries. BEING STUPID IS REAL CURSE.Tinubu can't pay salaries n all without asking for CBN to print naira.Kenya is like day n night to Nigeria

rvp20182:
How many Dangotes do you have ..one..feasting on your decaying economy like a vulture

Name any company in little India bigger than BUA. I'm not even mentioning Dangote now.

rvp20182:
manageable dunderhead when you long exceeded 100 percent debt servicing ratio n long resorted to printing naira to pay salaries. BEING STUPID IS REAL CURSE.Tinubu can't pay salaries n all without asking for CBN to print naira.Kenya is like day n night to Nigeria

Idiot, your own president admitted little India was broke when he started having problems since January paying salaries.

GeneralDae:

MTN Nigeria made same last year as well as Airtel. This Safaricom revenue should be competing with BUA foods.

Don't mind the olodo. And to think Safaricom is all they have in that deadwood of a jungle.

Thegamingorca:
lol why do you hate your next door neighbors so much do you have the same view with Somalians and ugandans

He is just jealous of TZ. But that is common,once you gets ahead in life,expect jealous from your neighbours to start showing.
His jealous won't stop TZ to be developed fast like Singapore

rvp20182:
Every Kenyan has general contempt for Tanzania..not Uganda ..not even Somalia.We just can get along with witchcraft loving backward Tanzania despite us speaking swahili.Tanzania should be good addition to voodoo loving West Africa.

I see you are still dreaming of owning a ship!

Small nations though.....

Hello indebted poor nations....

Obaaderemi2:
Idiot, your own president admitted little India was broke when he started having problems since January paying salaries.

Responsible prudent gov do sensible things..stop digging. BUHARI just order CBN to print NAIRA to pay salaries. Effect inflation. Poverty. Zoo.Please for fck sake read basic public finance. Overdraft above 5 percent of revenues is insane.

Kazikazi:
I see you are still dreaming of owning a ship!

Small nations though.....

just one ship built by kenya ship.builder n we cannot rest.

Kazikazi:
He is just jealous of TZ. But that is common,once you gets ahead in life,expect jealous from your neighbours to start showing.
His jealous won't stop TZ to be developed fast like Singapore

You literally make me want to puke..Tanzania Tanzanian...ahead of kenya..not in our lifetime.Youre so fàaaaar behind