AccessKenya Group Pre Tax Profit
for 2012 Rises 62%; Proposes
Dividend of 30 Cents per Share
NAIROBI Wednesday March 13,
2013 - Kenya's leading Corporate Internet
and IT Solutions Provider AccessKenya
Group Tuesday announced a 62% increase
in pre tax profit for the 2012 financial year
to KSh212 million, building on the
improvements made in 2011.The company
has declared a payment of a dividend of 30
cents per share to shareholders.
AccessKenya Group CEO Jonathan Somen
said "Our leased line connections are up by
700 customers to 5400 total leased lines,
our Revenues are up by 9% to Kshs 1.9
billion, our EBITDA is up over Kshs 100
million to Kshs 700 million, our pretax
profits are up 62% to Kshs 212 million and
our Profit After tax is up Kshs 42 million to
Kshs 151 million. All our key metrics have
improved significantly and this reflects our
positioning as the number one choice of
corporate service provider in Kenya."
Somen attributed the improved
performance to a significant increase in
internet subscriptions, a highly robust and
reliable network and strong customer
service that have spurred customer growth
for the company. To date, the company
remains the provider of choice for
businesses seeking high speed reliable
internet connections and IT Solutions
within Kenya.
Mr. Somen said that all the company's key
performance metrics improved in 2012,
further noting that the company remains
focused on continued growth, excellent
value for money and high quality of service
for all its customers.
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