BUSINESS

MTNN Share Price Depreciates By 0.15%

 

MTNN Plc’s share price, at the end of the trading week, depreciated by 0.15% to close at N199.8 per share, taking its market capitalization to N4.07 trillion at the end of the trading sessions of the week.

As a competitor of Airtel Nig Plc, MTN’s total market capitalization is N3.45 trillion lower than Airtel Africa’s current market value.

MTNN Plc is the third-most capitalized company on the Nigerian Exchange Limited (NGX).

NewsBeatng reports that MTNN released its H1 2022 financial result, reflecting a 20.07% growth in revenue for the period, while profit after tax grew significantly by 28.06% from N141.82 billion in H1 2021 to N181.62 billion in the current period.

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