MTN rises, full-year earnings jump

Comment on this story
MTNStore1 Reuters A customer leaves an MTN shop in Johannesburg.

Johannesburg - Shares of MTN Group rise nearly 2 percent and after the company posted a 27 percent jump in full-year earnings helped by a weaker rand and strong growth in data revenue.

MTN Group also said it would pay out a final dividend of 665 cents per share.

Shares of Africa's largest mobile operator are up 1.94 percent at 203.21 rand, but are down around 6.4 percent so far this year. - Reuters



sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.