Tag: profits
MTN Ghana made 8x revenue, 12x profit, paid 18x taxes under...
Outgoing CEO of MTN Ghana, Selorm Adadevoh recently revealed that for the five years plus that he has been here, MTN Ghana has recorded...
MTN Nigeria’s pre-tax profit declines by 75.7%
MTN Nigeria recorded a year-on-year decline of 75.7% in its profit before tax to N32.08 billion (US$40.8 million) in Q3 2023, as compared to...
Samsung forecasts further financial woe
Samsung Electronics estimates that profitability in Q3 would decline again after its bottom-line was hit by a third consecutive period of weak demand and...
Vodacom full-year profit slides 6.4%
Vodacom Group reported a 6.4% drop in full-year profit due to load shedding and operational activities.Its headline earnings per share came in at R9.48 for...
Airtel Africa reports 5% dip in profit
Airtel Africa's revenue has been on the rise, but unfortunately, its profit margin faced a 5% decline during the first quarter of this year.The...
Huawei just booked its first sales rise since US blacklisting
Huawei Technologies reported its first quarterly sales rise since the end of 2020, as the Chinese telecommunications gear giant fights the US blacklisting that...
Zoom sales, profits exceeds expectations
Zoom Video Communications projected sales and profit for the current quarter that topped Wall Street’s estimates, a sign that the software vendor is finding ways...
MTN’s 2021 profit hits ¢2 billion
Telecoms giant, MTN Ghana, recorded a significant increase in its profit after tax for last year.According to its 2021 Financial Statement, the profit went...
Nokia records revenue growth in Q3, despite supply constraints
The massive organizational shake-up at Nokia is paying off, as the tech giant recorded earnings growth in Q3 despite chip supply constraints and issues...
Samsung mobile sales, profits drop due to supply constraints
Samsung’s mobile unit has recorded a drop in sales and profitability in Q3 due to continued supply constraints, weaker demand and increased marketing spending...