TNM | 2011 abridged results released

By Published On: March 23rd, 2012Categories: Corporate announcement

The Directors of Telekom Networks Malawi Limited are pleased to release the abridged financial results for the year ended 31 December 2011. Below are excerpts from the report:

Key achievements in 2011

  • 35% growth in subscriber base
  • Increase of market share to 42% from 37%
  • Launch of Blackberry service
  • Significant increase in use of the Mtolo prepaid bundles
  • General improvement in Network Quality

Key financial highlights

  • 24% growth in Service Revenue to MK 12,255mil
  • 29% increase in EBITDA to MK 4,698mil
  • EBITDA margin 37%
  • Capex additions MK 2,678mil
  • 16% increase in Profit After Taxation to MK 1,358mil
  • ARPU MK 761
  • Shareholders’ funds MK 8,229mil
  • Earnings per share MK 0.14

Download full report on link below

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.

Telekom Networks Malawi Limited (TNM.mw)

Share price: 1,420.00 Tambala ▲ (3.00 | 0.21% – 24/03/23)

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