TNM | 2013 abridged financial results

By Published On: March 27th, 2014Categories: Corporate announcement

The Directors of Telekom Networks Malawi Limited are pleased to release the abridged financial results for the year ended 31 December 2013. Below are excerpts from the report:

Key achievements in 2013

  • 12% growth in subscriber base
  • MPAMBA TNM Mobile money launch
  • General improvement in Network Quality
  • MOYO COVER free TNM life insurance launch

Key financial highlights

  • 62% growth in service revenue to MK 28,257 million
  • 87% increase in EBIDTA to MK 10,095 million
  • EBIDTA margin at 35%
  • CAPEX investment additions of MK3,085 million
  • 275% increase in net profit after tax to MK 2,598 million
  • ARPU at MK 1,152
  • Earnings per share: MK0.26
  • Total dividend of MK 1,104 million (MK 0.11 per share) proposed
2013 abridged report.pdf

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: 1,422.00 Tambala ▲ (1.00 | 0.07% – 28/03/23)

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