Tech Gist

MTN Nigeria To Declare $955m Profit

MTN Nigeria said on Tuesday that it might report about $955 million in annual profit after tax.
This Day newspaper first published the earnings report and MTN confirmed it in a statement.
According to the statement:

 “Profit after tax figure for MTN Nigeria for the period ended December 31, 2015, being quoted in the press article, is 190 billion naira ($955 million), which is within the current estimates”

However, auditing is still in the process, so this has not been finalized. Meanwhile, shares were up by 1.1 percent to 121.87 rand per share at 12:24 p.m. in JSE.
Are you thinking what I am thinking?


9 comments on “MTN Nigeria To Declare $955m Profit

  1. FELIX says:

    Thank God for them… Despite all the court case and everything

  2. Michael Effiong says:

    Hmm, that’s massive, that’s why they are the best.

  3. KingAbsolute says:

    Huge profit, I’m thinking they’ll now pay the fine & put all these to rest

  4. KyLe West says:

    Good News! MissTechy, it’s exactly 10days now since u’ve unboxed the Zero 3 *sobs*….’o Review’ where art thou?

  5. Emma says:

    Am certain that that’s a Fat LIE.They made more.And i know they Reduced it because of the Imposed Fine by FG

  6. Gabriel says:

    if those estimated figures are true,
    means they can’t meet up with the fine.
    I perceive foul play though.

  7. OBÁDÁRÀ says:

    …Even f they made one naira,they must pay the fine…

  8. Abdulkareem says:

    Monkey dey work, baboon dey chop

  9. Humortech says:

    This guys should pay our money and gerarahia

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