Business news from Ukraine

ASTELIT SEES UAH 1.78 BLN IN NET PROFIT IN Q2 2015

31 July , 2015  

KYIV. July 31 (Interfax-Ukraine) – Astelit LLC saw UAH 1.78 billion of net profit in April-June 2015, while year-over-year the operator saw net loss of UAH 667.8 million.

The operator said in a financial report that its net revenue grew by 11.9%, to UAH 1.076 billion.

Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 16.9%, to UAH 324.4 million. The average revenue per user (ARPU) was up by 1.2%, to UAH 34.5. The number of active subscribers totaled 10.6 million in Q2 2015, a rise of 11.6% year-over-year. Capital investment amounted to UAH 1.53 billion, while year-over-year they stood at UAH 75.4 million.

In July 2015, Turkey’s Turkcell finished consolidation of 100% of Astelit.