Safaricom PLC has announced a 14.4 per cent increase in net profit to Sh35.65 billion for the last six months.
The growth has been attributed to rise in revenues accrued especially from Mpesa and fixed data.
The telecommunication company announced Sh31.5 billion in net profit for a similar period in 2018.
The service revenue growth to Sh124.32billion while Mpesa revenues increased by 18.2 per cent to Sh41.97 billion.
Mobile data income also here by 4 per cent to Sh19.7 billion. Revenues from calls declined by 1.4 per cent to Sh46.87billiion.
Messaging revenue declined by 11 per cent to Sh 8.60billion.
Speaking during the announcement of the results, Acting Chief Executive Officer Michael Joseph on Friday said the company will focus on investment and improving quality of service to increase their market share.