MTN Nigeria Communications PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 614,210 million compared to NGN 506,048 million a year ago. Net income was NGN 19,502 million compared to NGN 88,403 million a year ago. Basic earnings per share from continuing operations was NGN 0.93 compared to NGN 4.22 a year ago.
For the nine months, sales was NGN 1,772,949 million compared to NGN 1,456,135 million a year ago. Net income was NGN 148,091 million compared to NGN 270,339 million a year ago. Basic earnings per share from continuing operations was NGN 7.06 compared to NGN 12.89 a year ago.