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Home Markets Equities Company Results

MTN Nigeria Plc grows profit by 43% to N73.7 billion in Q1 2021.

Chidi Emenike by Chidi Emenike
April 30, 2021
in Company Results, Markets
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MTN Nigeria Communications Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue for the period was N385.3 billion.(+17.06% YoY)
  • Direct networking operating costs of N93.9 billion. (+30.2% YoY)
  • Employees benefit was N9.32 billion. (+0.5% YoY)
  • Profit for the period was N73.7 billion. (+42.5% YoY)
  • Net assets per share for the period was N12.4
  • Earnings per share of N3.6 Vs N2.5 YoY

See link to results.

Tags: Company Financial Results
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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