MTN reports first loss since 2016 as naira and Sudan woes mount
Group reports a headline loss per share of 256c for the six months ended June
19 August 2024 - 08:31
UPDATED 19 August 2024 - 17:10
MTN Group dipped into the red at the halfway stage of the financial year, the first time the telecoms major has reported a loss since 2016, as the further devaluation of the naira and the conflict in Sudan weighed on results.
The group reported a headline loss per share of 256c for the six months to end-June from headline earnings per share (HEPS) of 260c a year ago. No interim dividend was declared...
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