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

Telekom Networks Malawi Limited (TNM.mw)

Share price: 1,203.00 Tambala (0.00 | 0.00% – 12/08/22)

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