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Safaricom makes history as first regional company to surpass billion-dollar earnings
From left: Safaricom Telecommunications Ethiopia CEO Wim Vanhelleputte, Safaricom Chief Executive Peter Ndegwa and Chief Finance Officer Dilip Pal during the firm's 2023/2024 half-year financial results briefing on November 9, 2023, at Michael Joseph Centre.
Photo credit: File | Nation Media Group
Safaricom has posted its first profit rise in three years even as its operating profit saw it become the first company in the region to hit past the billion-dollar mark in earnings.
The net profit for the full year to March rose 1.2 percent to Sh62.99 billion, compared to Sh52.48 billion posted in a similar period last year.
