Telecoms group MTN expects a sizeable jump in headline earnings when it reports it full year results for the year ending December 2022.
MTN said that earnings were boosted by a net gain on the disposal of its SA towers business, contributing 22 cents per share, while also drawing net profits from disposals of other properties, plants and assets.Headline earnings were negatively impacted by non-operational once-off items, it said, including adjustments for hyperinflation, foreign exchange losses and other items.
“MTN remains confident in the economy of Ghana and its future prospects and maintains its planned investment and developmental initiatives over the medium term to drive digital and financial inclusion,” the company said.
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