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MTN Rwanda profit before tax grew by 11.1% to Rwf30.0 billion in Q3 2021

By Published On: October 27th, 2021Categories: Corporate announcement, Earnings

MTN Rwandacell Plc (MTN Rwanda) is pleased to share its trading update for the year-to-date period ending 30th September 2021.

Key metrics (comparing September 2021 to September 2020)

  • Mobile subscribers increased by 500,000 (9%) to 6.4 million.
  • Active data users increased by 400,000 (23.8%) to 2.0 million.
  • Mobile Money subscribers increased by 600,000 (18%) to 3.7 million.
  • Service revenue increased by 23.1% to Rwf134.9 billion.
  • Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 21.3% to Rwf69.2 billion, with an EBITDA margin of 50.3%.
  • Profit before tax (PBT) grew by 11.1% to Rwf30.0 billion.
  • Dividend of Rwf7.551 per share paid to shareholders who were registered on the Share Registrar as at 7 June 2021. Payment was made to shareholders on 7 July 2021.