https://www.engineeringnews.co.za

MTN to swing back into the black in H1

27th July 2017

By: Creamer Media Reporter

     

Font size: - +

Telecommunications group MTN expects to report basic headline earnings a share of between 210c and 230c and basic earnings a share of between 280c and 300c for the six months ended June 30.

This compares with a headline loss a share of 271c and an attributable loss a share of 301c in the six months to June 30, 2016.

The results for the first half of 2016 had been negatively impacted by a $1.1-billion regulatory fine in Nigeria and losses from the group’s 51% interest in Nigeria Tower Interco as a result of unrealised losses on US dollar-denominated loans.

MTN’s interim results will be published on August 3.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

Typical Engen garage
Tribunal approves Vitol’s buyout of Engen
Updated 2 hours 3 minutes ago By: Darren Parker

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.136 0.278s - 164pq - 2rq
Subscribe Now