The mobile operator Kyivstar in the second quarter of 2021 increased its total revenue by 18.1% compared to April-June 2020, to UAH 7.904 billion, the company’s press service said.
According to the published data, in the second quarter Kyivstar increased its EBITDA by 17.4% over the same period last year, to UAH 4.783 billion. At the same time, the EBITDA margin decreased by 0.4 percentage points (p.p.), to 67.4%.
Revenues from mobile services increased by 18%, to UAH 6.597 billion.
In addition, the operator noted that in the second quarter of 2021, the consumption of minutes per user (MoU) decreased by 3.3%, to 620 from 641 in the same period last year. At the same time, the use of mobile Internet in April-June increased by 23.6%, to 6.2 gigabytes per subscriber, while the average revenue per user (ARPU) increased by 16.4% and amounted to UAH 84.
The subscriber base in the second quarter of 2021 grew by 2.1% and amounted to 25.9 million. The subscriber base of the Home Internet service increased by 11.5%, to 1.16 million users.
Capital expenditures of Kyivstar during the reporting period decreased by 6.34% compared to the second quarter of 2020 and amounted to UAH 1.462 billion. According to the company, in total for the six months, Kyivstar’s capital expenditures amounted to UAH 2.539 billion. These funds were mainly used to build 4G networks on roads and in rural areas, as well as to improve the quality of services.
To improve customer service, the telecoms operator in the first half of 2021 modernized its IT systems by introducing a new technological solution from Ericsson.
In January-June 2021, Kyivstar transferred UAH 4.9 billion of taxes and other payments to the state budget and remains the largest taxpayer in the communications industry, the company said.
Kyivstar is the largest Ukrainian telecommunications operator. It provides communications and data services based on a wide range of mobile and fixed technologies, including 3G. By the end of 2020, its services were used by about 25.9 million mobile subscribers and about 1.1 million fixed Internet customers.
The shareholder of Kyivstar is VEON international group (formerly VimpelCom Ltd.). The group’s shares are listed on the NASDAQ (New York) stock exchange.
Dniprospetsstal Electrometallurgical Plant (Zaporizhia) in January-July this year increased the output of finished rolled products by 10% compared to the same period last year, to 95,200 tonnes.
A representative of the enterprise informed Interfax-Ukraine that steel production for this period increased by 7.3%, to 133,040 tonnes.
In July 19,000 tonnes of steel were smelted, 12,000 tonnes of rolled products were produced.
As reported, Dniprospetsstal in 2020 increased the output of finished rolled products by 1.3% compared to 2019, up to 154,000 tonnes, steel by 2.7%, up to 225,000 tonnes.
Dniprospetsstal is the only Ukrainian manufacturer of long products and forgings from special grades of steel: stainless, tool, high-speed, bearing, structural, as well as from heat-resistant nickel-based alloys.
DYNAMICS OF CHANGES IN DISCOUNT RATE
The price of the nearest futures contract on the Dutch TTF spot index for ICE Futures, for October, continued to grow on Monday, assuming the value of 49.26 euros per kWh or $600 per thousand cubic meters, according to the exchange’s data.
Trading on Friday finished up at the value of $586 per thousand cubic meters.
The new gas year begins from October. Gazprom has a long-term reservation of transit capacities through the Yamal-Europe gas pipeline until the end of September. The Russian company did not book capacities of the pipeline at past annual and quarterly auctions.
The launch of the almost completed Nord Stream 2 gas pipeline is expected toward the end of this year. Issues concerning regulation of the pipeline’s operation are currently under consideration of the relevant controlling bodies.
Ukrainian insurance companies in January-June 2021 received financial income of UAH 1.358 billion, which is 17.3% less than in the same period a year earlier (UAH 1.642 billion), according to the website of the National Bank of Ukraine.
At the same time, it is clarified that income from participation in capital amounted to UAH 17.8 million (2.9 times more), income from bonds – UAH 719.8 million (more by 28.4%), from deposits – UAH 566.3 million (less by 39.7%), dividends on shares – UAH 3 million against UAH 100,000 for the same period a year earlier.
Other revenues of insurers for the first half of the year amounted to UAH 1.972 billion, while a year earlier, UAH 2.863 billion.
The regulator also reports that during the reporting period, insurance companies reduced their net profit to UAH 1.361 billion from UAH 1.918 billion in the first half of 2020.
In addition, income tax from ordinary activities in January-June of this year amounted to UAH 833.2 million, which is 2% more than in the same period a year earlier (UAH 816.2 million). Tax on gross income from activities by types of insurance, other than life insurance, amounted to UAH 534.6 million (more by 10.6%), life insurance – UAH 63.7 million (more by 9.8%), for transactions with non-resident reinsurers – UAH 300,000 (less by 25%), tax on profits from extraordinary events – UAH 200,000, which corresponds to the indicator for the same period a year earlier.
According to the NBU, the total number of insurance companies in Ukraine as of June 30, 2021 is 181, while on the same date a year earlier – 215, including 19 life insurers (20). At the same time, 166 insurance companies submitted reports on their activities to the regulator.
The State Agency for Tourism Development has agreed to provide services for the popularization of river tourist routes in Ukraine for UAH 2.5 million.
According to the agreement, the text of which was published on the ProZorro portal, according to the results of tenders, State Agency for Tourism Development agreed with the private enterprise Ischuk Serhiy Mykolaiovych to provide services for the popularization of river tourist routes Kyiv-Kaniv-Kyiv and Kyiv-Chornobyl-Kyiv for UAH 2,498,144.
The aim is to organize promotional river tourist trips Kyiv-Kaniv-Kyiv and Kyiv-Chornobyl-Kyiv (four trips each) and organize focus groups to prepare research on attracting investments for organizing regular transportation.
The service includes renting a motor ship for 35 seats, catering for the participants of the promotional tour, guided tour, filming two promotional videos, PR support for the event, conducting a study of interest in the tourist product and developing investment proposals.
