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Safaricom full-year profit hits Sh55.3bn, Bob makes comeback

Safaricom has announced Wednesday that its net profit for the year ended March 2018 grew to Sh55.3 billion, compared to Sh48.4 billion the year before on the back of M-Pesa and data revenues.

This represents a 14.3 per cent growth of its full-year after-tax earnings.

M-Pesa revenue grew 14.2 per cent to sh62.9 billion while mobile data was up 24 per cent to sh36.4 billion in the period.

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