MTN Nigeria Plc grows half year profit by 49.5% N141.83 billion, approves interim dividend of N4.55/share

MTN Nigeria Plc released its unaudited financial results for the period ended June 30, 2021.

  • Revenue for the period was N791.3 billion. (+24% YoY)
  • Employee benefits totalled N19.05 billion. (-1.0% YoY)
  • An operating profit of N273.71 billion was recorded. (+33.8% YoY)
  • Profit after tax was N141.83 billion. (+49.5% YoY)
  • Net assets per share of N9.83 Vs N8.76 YoY.
  • Earnings per share of N6.97 Vs N4.66 YoY
  • The company share price of N164. (-3.0% YoY)
  • An Interim dividend of N4.55 per share was approved by the board.

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