October 30, 2023/Cordros Report MTN Nigeria Communications Plc (MTNN) released its Q3-23 unaudited results this morning, showing a decrease in standalone EPS to NGN0.93 (Q3-22: NGN4.22), bringing 9M-23 EPS to NGN7.06 (9M-22: NGN12.89). Just as in H1-23, the dip in earnings was driven mainly by higher expenses (+36.6% y/y) and […]
Results & Dividends
Airtel Africa 9M 2023: Net Finance Cost Drags PBT
October 30, 2023/CSL Research Airtel Africa H1 2024 recently released financials showed that the company’s Revenue grew marginally by 2.3% to US$2.6bn from US$2.56bn in H1 2023. On a q/q basis, Total Revenue declined by 10% to US$1.25bn in Q2 2024 from US$1.38bn in Q1 2024. The growth in mobile […]
Airtel Africa H1 2024: Net Finance Cost Drags PBT
October 30, 2023/CSL Research Airtel Africa H1 2024 recently released financials showed that the company’s Revenue grew marginally by 2.3% to US$2.6bn from US$2.56bn in H1 2023. On a q/q basis, Total Revenue declined by 10% to US$1.25bn in Q2 2024 from US$1.38bn in Q1 2024. The growth in mobile […]
