MTN Nigeria Plc reports 58.99% growth in net profit for Q3 2021

MTN Nigeria Plc released its Q3 2021 Financial Statement for the period ended 30th of September 2021.

  • Revenue during the period was N414.99 billion. (+22.89% YoY)
  • Operating profit for the period was N144.64 billion (+41.15%)
  • Finance income stood at N1.33billion. (-77.42% YoY)
  • Finance cost for the period was N39.74 billion. (+9.33% YoY)
  • Profit before tax of N106.23 billion was recorded during the period.
  • Profit for the period stood at N78.48 billion (+58.99%)
  • Total assets during the period stood at N2.10 trillion. (+136.61bn YtD)
  • Earnings per share of N3.86 Vs N2.43 YoY.

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