MTNN Declares N202.11bn PAT in 2019 Audited Results; Proposes N4.97k Final Dividend (SP:N110.00k)


Saturday, February 29, 2020, /  12.00 PM /  By NSE / Header Image Credit: Information NG

MTN Nigeria Communications Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

Revenue grew by 12.57% to N1,169.74bn from N1,039.12bn in the previous quarter.

Profit before tax grew by 31.07% to N290bn from N221bn.

Profit after tax grew by 38.73% to N202.11bn from N145.69bn.

Net Assets also declined by 34.0% to N145bn from 219.35bn as at December 31, 2019. 

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