Page 3 - நைஜீரியா தகவல்தொடர்புகள் ப்ல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Press focuses on agitation for independence of Yoruba nation, others
apanews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apanews.net Daily Mail and Mail on Sunday newspapers.
FMDQ Exchange lists MTN Nigeria s additional commercial papers
punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.
Punch Newspapers
Sections
’Femi Asu and Temiloluwa O’Peters
Published 4 May 2021
Published 4 May 2021
MTN Nigeria Communications Plc has reported a profit after tax of N73.75bn for the first quarter of 2021, up 42.35 percent from N51.74bn in the same quarter of last year.
The telecommunications company said its profit before tax rose to N102.99bn in Q1 2021 from N76.91bn in the same period last year.
Its revenue increased by 17.06 per cent to N385.32bn from N329.17bn, according to its unaudited financial statements.
The telco said its mobile subscribers declined by five million to 71.5 million in the first quarter of 2021 due to the effects of customer churn and the regulatory restrictions on new SIM sales and activations.
MTN Nigeria Communications Plc, yesterday, released its unaudited results for the quarter ended 31 March 2021.
According to the report of the results, its mobile subscribers declined by 5 million to 71.5 million due to the effects of customer churn and the regulatory restrictions on new SIM sales and activations.
The telelecoms company’s active data users also declined marginally by 71,000 to 32.5 million.
However, its service revenue increased by 17.2 per cent to N385.2 billion, while
Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) grew by 19.1 per cent to N204.5 billion.
EBITDA margin increased by 0.9 percentage points to 53.1 per cent. Capital expenditure was up by 19.3 per cent to N89.9 billion, up 27.8 per cent to N31.6 billion excluding right of use (RoU) assets.
MTN Nigeria Communications Plc – Issuance of Series III and Series IV Commercial Papers - SENS
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.