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muganda		#21 Posted : Friday, November 04, 2016 8:46:38 AM
Rank: Elder Joined: 9/15/2006 Posts: 3,907		What is this 3.4bn one-off adjustment, everywhere? Net Income increased by 32.4% to Kshs 23.9bn. Excluding one off balance sheet adjustment of Kshs 3.4bn leaves Net Income growth of 13.8% Meanwhile: H1 FY17 Results Presentation H1 FY17 Press Commentary
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Ericsson		#22 Posted : Friday, November 04, 2016 8:57:44 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI		Profit before tax ksh.34.49bn Profit after tax ksh.23.93bn Full year profit is in the range of 70bn before tax Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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maka		#23 Posted : Friday, November 04, 2016 9:14:50 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Ericsson wrote: Profit before tax ksh.34.49bn Profit after tax ksh.23.93bn Full year profit is in the range of 70bn before tax Monster...si they advance KQ some cash. possunt quia posse videntur
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mlennyma		#24 Posted : Friday, November 04, 2016 9:23:43 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Good for the nse "Don't let the fear of losing be greater than the excitement of winning."
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watesh		#25 Posted : Friday, November 04, 2016 9:28:59 AM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		Ericsson wrote: Profit before tax ksh.34.49bn Profit after tax ksh.23.93bn Full year profit is in the range of 70bn before tax Should be bigger than 3 of the biggest banks in Kenya combined (together with their regional businesses)
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Ericsson		#26 Posted : Friday, November 04, 2016 9:36:25 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI		Borrowings of ksh.16.57bn as at September 30 2016 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Impunity		#27 Posted : Friday, November 04, 2016 10:14:29 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Is this quoted statement from Citizen TV correct? Me dont think so. Coz if they meant Revenue per annum, then even KQ has been there for the loooongest! Even KK, Total etc! Quote: “Safaricom is the only Kenyan Company and one of the 400 companies in Africa making over $1 billion revenues in a year,” Safaricom Chief Executive Officer Bob Collymore said during the release of the results. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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smitha		#28 Posted : Friday, November 04, 2016 11:27:20 AM
Rank: New-farer Joined: 6/10/2013 Posts: 52		The one off adjustment was due to a litigation provision which was added back in as the litigation was settled favourably.
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MadDoc		#29 Posted : Friday, November 04, 2016 11:28:41 AM
Rank: Member Joined: 10/26/2015 Posts: 151		Impunity wrote: Is this quoted statement from Citizen TV correct? Me dont think so. Coz if they meant Revenue per annum, then even KQ has been there for the loooongest! Even KK, Total etc! Quote: “Safaricom is the only Kenyan Company and one of the 400 companies in Africa making over $1 billion revenues in a year,” Safaricom Chief Executive Officer Bob Collymore said during the release of the results. with this kind of perfomance, it's a race to the $1bn PBT mark
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VituVingiSana		#30 Posted : Friday, November 04, 2016 11:57:14 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		maka wrote: Ericsson wrote: Profit before tax ksh.34.49bn Profit after tax ksh.23.93bn Full year profit is in the range of 70bn before tax Monster...si they advance KQ some cash. @Safaricom is run by @Vodafone not GoK... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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