MTN Group Sees 20%
Quote from Ndubuisi Ekekwe on February 5, 2019, 3:01 PMMTN Group is experiencing great numbers: earnings per share, excluding some one-time items, will be at least 20 percent.
MTN Group Ltd. said full-year earnings rose as Africa’s largest wireless carrier by subscribers shrugs off an ongoing tax dispute in Nigeria to report growth across its 21 markets.
Earnings per share, excluding some one-time items, were at least 20 percent higher than the 1.82 rand in 2017, the Johannesburg-based company said in a statement Monday, without giving further detail. The stock reversed gains to trade 1.2 percent lower as of 11:28 a.m. in South Africa.
MTN Group is experiencing great numbers: earnings per share, excluding some one-time items, will be at least 20 percent.
MTN Group Ltd. said full-year earnings rose as Africa’s largest wireless carrier by subscribers shrugs off an ongoing tax dispute in Nigeria to report growth across its 21 markets.
Earnings per share, excluding some one-time items, were at least 20 percent higher than the 1.82 rand in 2017, the Johannesburg-based company said in a statement Monday, without giving further detail. The stock reversed gains to trade 1.2 percent lower as of 11:28 a.m. in South Africa.