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BRIEF-MTN Group Says MTN Nigeria EPS Up By 5.6% To N2.5Kobo In Quarter

Published 29/04/2020, 06:34
© Reuters.
MTNJ
-

April 29 (Reuters) - MTN Group Ltd MTNJ.J :
* JSE: MTN - SUMMARY OF MTN NIGERIA UNAUDITED RESULTS FOR
THE
THREE MONTHS ENDED 31 MARCH 2020
* MTN GROUP LTD - MTN NIGERIA MOBILE SUBSCRIBERS INCREASED
BY 4.2
MILLION TO 68.5 MILLION IN QUARTER
* MTN GROUP LTD - MTN NIGERIA PROFIT BEFORE TAX INCREASED BY
8.9%
TO N76.3 BILLION IN QUARTER
* MTN GROUP LTD - MTN NIGERIA EARNINGS PER SHARE INCREASED
BY 5.6%
TO N2.5KOBO IN QUARTER
* MTN GROUP LTD - MTN NIGERIA SERVICE REVENUE INCREASED BY
16.7%
TO NGN328.5 BILLION IN QUARTER
* MTN GROUP LTD - THERE HAS BEEN A DECLINE IN VOICE TRAFFIC
POST-
COVID LOCKDOWN FOR MTN NIGERIA
* MTN - COVID-19, OIL PRICE VOLATILITY AND FOREIGN EXCHANGE
RATES
AND AVAILABILITY CALL FOR A MORE MEASURED OUTLOOK IN NEAR-TERM
FOR MTN NIGERIA

Source text for Eikon: ID:nJsec0001a
Further company coverage: MTNJ.J

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