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

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