MTNN Declares N51bn PAT in Q1 2020 Results;(SP:N104.90k)


Wednesday, April 29, 2020 / 11:22 AM / by NSE / Header Image Credit: Ecographics

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MTN Nigeria Communications Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Revenue grew by 16.7% to N329bn from N282bn in the previous quarter.

  • Profit before tax grew by 8.9% to N76bn.

  • Profit after tax grew by 5.6% to N51bn.

  • Net Assets grew by 35.3% to N196bn from N145bn.

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