MTNN Declares N205bn PAT in 2020 Audited Results; Proposes N5.90K Final Dividend; (SP:N174.00k)

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Monday, March 01, 2021/10:30 AM/NSE/Header Image Credit: Telecom Review


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MTN Nigeria Communications Plc released its 2020 Audited results for the period ended December 31st, 2020.


 Key Highlights

  • Revenue grew by 15% to N1.3tn from N1.2tn in the previous quarter.
  • Profit before tax grew by 2.6% to N299bn.
  • Profit after tax grew by 1% to N205bn.
  • Net Assets grew by 22% from N146bn to N178bn.

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