A mobile phone care centre operated by Safaricom in the central business district of Kenya's capital Nairobi, May 11, 2016. The mobile money service earned Safaricom Sh82.65 billion while voice service generated Sh82.55 billion in the year that ended March 31. This performance came even as the telco reported a 6.8 per cent drop in profit after tax to Sh68.6 billion compared to Sh73.6 billion reported the previous year. Earnings before taxThe company had projected to make pre-tax profit of between Sh91 billion and Sh94 billion for the year, a 10 per cent drop from the previous year. Safaricom recorded Sh250 billion in total service revenue, a marginal decline of 0.3 per cent.

Source: Standard Digital May 13, 2021 21:00 UTC