MTN Nigeria Declares N144bn PAT in Q3 2020 Results; (SP:N140.00k)


Wednesday, October 28, 2020 / 12:47 PM / By NSE / Header Image Credit: Telecom Review

MTN Nigeria Communications Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.

Key Highlights

  • Revenue grew by 13.9% to N976bn from N857bn in the previous quarter.

  • Profit before tax grew by 41.6% to N211bn.

  • Profit after tax declined by 3.3% to N144bn.

  • Net Assets declined by -19.5% from N145.9bn to N117.4bn.

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