AccessKenya First-Half Earnings Before Tax, Depreciation Increases By 54%

AccessKenya Ltd., Kenya’s only publicly traded internet company, said first-half earnings before interest, tax, depreciation and amortization rose to 251 million shillings from 163.4 million shillings a year earlier.

Net income in the six months ended June 30 fell to 30.7 million shillings compared with 75.4 million shillings a year earlier, the company said in a statement distributed today by the Nairobi Stock Exchange. Revenue declined to 876.33 million shillings from 1.06 billion shillings a year earlier.

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