Safaricom Profits Exceed Estimates Despite Losses in Ethiopia
Safaricom, Kenya’s leading telecommunications provider, has reported a record-breaking financial year. Profits and revenues exceeded analyst expectations, and the company’s expansion in Ethiopia continues to weigh on overall group earnings [5,14]. Strong Financial Performance Amidst Regional Expansion For the fiscal year ending March 2025, Safaricom posted a net profit of KSh 95.5 billion for its […]