MTNN’s Shareholders To Receive N2.3bn Interim Dividend

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MTNN’s Shareholders To Receive N2.3bn Interim Dividend
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MTN Nigeria Communications Plc has declared a total dividend of N20.355 billion as an interim dividend for the half year ended June 30, 2021. The

MTN Nigeria Communications Plc has declared a total dividend of N20.355 billion as an interim dividend for the half year ended June 30, 2021.

Revenue rose by 24.01 per cent to N791.263 billion, higher than N638.075 billion in H1, 2020, while operating profit gained by 33.82 per cent from N204.536 billion to N273.709 in the current period.Profit before tax was up by 54.13 per cent to N215.116 billion as against N139.571 billion achieved in 2020. Profit after tax closed the period under review at N141.827 billion, compared to N94.879 billion, representing a growth of 49.48 per cent, while earnings per share also rose by 49.

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