News Formal

MTN issues notice for significant earnings increase

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 67%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

MTN has alerted shareholders that it expects to report a substantial increase in half-year earnings.

MTN has notified shareholders that it expects to report a substantial increase in earnings for its half-year results.

Similarly, MTN expects a headline earnings per share increase of 0% to 10% . This translates to a range of R5.06 to R5.57 per share. JSE listing requirements stipulate that companies must alert shareholders as soon as they are reasonably confident that their results will be 20% higher or lower than the previous corresponding period.

Thulare said companies like MTN have been struggling with the backlog of dollars in Nigeria, which has forced some businesses to turn to unofficial sources.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ESKOM UPDATES | Stage 4 overnight until further notice | BusinessAll the latest news and analysis on load shedding, power and the national grid.
Source: News24 - 🏆 4. / 80 Read more »