MTN Nigeria Communications PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 590,605 million compared to NGN 479,103 million a year ago. Net income was NGN 28,106 million compared to NGN 85,116 million a year ago. Basic earnings per share from continuing operations was NGN 1.38 compared to NGN 4.19 a year ago.
For the six months, sales was NGN 1,158,739 million compared to NGN 950,086 million a year ago. Net income was NGN 128,593 million compared to NGN 181,940 million a year ago. Basic earnings per share from continuing operations was NGN 6.33 compared to NGN 8.95 a year ago.