TNM | 2013 half-year financial results

By Published On: August 20th, 2013Categories: Corporate announcement

The Directors of Telekom Networks Malawi Limited are pleased to announce the release of the Group’s 2013 interim results for the six months ended 30 June 2013. Below are some key statistics from the report.

Key achievements in first half of 2013

  • 17% growth in subscriber base
  • Launch of TNM Mobile Money-Mpamba
  • General improvement in Network Quality

Key financial highlights

  • 59% growth in Service Revenue to MK 11,642 mil
  • 55% increase in EBITDA to MK 3,703 mil
  • EBITDA margin 31%
  • 66% increase in Operating Profit to MK 2,282 mil
  • Capex addition MK 1,703 mil
  • 38% increase in Profit After Taxation to MK 558 mil
  • ARPU MK 1,000
  • Shareholders’ funds MK 8,475 mil
  • Earnings per share MK 0.06

Download full report on link below

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