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Nairaland Forum / Nairaland / General / Business / MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 (5697 Views)
Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 / Cadbury Nigeria Reports N28.2billion Loss In 2023, Shareholders’ Funds Wiped Out / Unilever Nigeria Plc Reports 72.95% Decline In Pre-tax Profit As Economy Bites (2) (3) (4)
MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by AmazingGenius: 5:27am On Apr 30 |
MTN Nigeria released its Q1 2024 results, showing revenue of N752.9 billion, up 32.5% compared to N568.1 billion for the same period in 2023.https://nairametrics.com/2024/04/30/breaking-mtn-nigeria-reports-n575-69-pre-tax-loss-in-first-quarter-of-2024/ 2 Likes 1 Share
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Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by OPICANTO2223: 5:33am On Apr 30 |
Blame the frog eye Bobo Chicago 19 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by FreeStuffsNG: 5:37am On Apr 30 |
Revenue increased very significantly which proves that their business is still booming in Nigeria. This is forex devaluation challenges because most of the inputs are imported. They should look at possibility of import substitution and govt can please give them some incentives on such import substitution. There is now stability in the forex market so MTN should feel reduced pressure from forex volatility in subsequent quarters. May God bless Nigeria for ever! Check my signature for free stuffs! 27 Likes 4 Shares |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by NuCypher: 5:55am On Apr 30 |
Exploitative South African company ripping off Nigerians 3 Likes 3 Shares |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Domaining101: 5:55am On Apr 30 |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Umueme: 5:55am On Apr 30 |
Lol AmazingGenius: Probably want to join their SA brothers (multi choice) to suck us dry off our money. Expect aggressive data and airtime exhaustion (and probably limited bandwidth?) from mtn. My country is being run by f00ls, if not these SA companies won't wake up and just increase prices. May Nigeria succeed sha #MyOpinion 3 Likes 1 Share |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Port443: 5:56am On Apr 30 |
When you block the entrance to the house of a typical Nigerian, he will try and enter his house through the window, instead of questioning why his door was blocked and finding a lasting solution. DSTV announced price change couple of days ago and most of them were here looking for alternatives and how to bypass DSTV. Brace up, Telcos are about to review their price, I am waiting to see the alternatives too, but for sure manual information transfer won't be an option cause fuel is no where to be found leaving the only option to be trekking Seriously, apc and their brain dead supporters doesn't mean well for Nigeria 18 Likes 2 Shares |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by NaijaCover(m): 5:56am On Apr 30 |
Inukwa ooooo 2 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by bigdammyj: 5:59am On Apr 30 |
Noted. |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by RichDad1(m): 6:03am On Apr 30 |
Since they’ve been making profits and repatriating same back to their country in SA, who did they complained to? They should lick their wounds and reposition their company. 6 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by SecondAudio: 6:04am On Apr 30 |
Just prepare for more losses... No be Tinubulation we dey for Naija? Everybody go collect 4 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by CodeTemplar: 6:07am On Apr 30 |
Painful figures. 1 Like |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by HRMK: 6:13am On Apr 30 |
WHO IS DECEIVING WHO HERE?IF RUNNING AT A LOSE,LET MTN RETURN TO SOUTH AFRICA IMMEDIATELY! 3 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by jmoore(m): 6:25am On Apr 30 |
RichDad1: Una go open mouth waaa! Do you know how much MTN pays as tax to government from the profit they made? If they are making a loss, how much do you think they will pay as tax? Loss = no tax 30% of profit is paid as company income tax for big companies like MTN. 2 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by updatedws: 6:30am On Apr 30 |
Where are the Van dyks and Sergio Ramos of this administration? Food don done o, you guys should come pack your bus and defend 6 Likes 1 Share |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Lavor234: 6:34am On Apr 30 |
Make this mumu government no drive MTN and AIRTEL from Nigeria oh.then we shall be left with Glo and 9mobile..Daft government 3 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by naijaboy756: 6:50am On Apr 30 |
You remove subsidy yet fuel queues and scarcity Dey No doubt the worst government in history 1 Like 1 Share |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by ZombieTAMER: 6:55am On Apr 30 |
naijaboy756: naijaboy756:what Tinubu does not destroy doesn't exist 3 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by ZombieTAMER: 6:56am On Apr 30 |
updatedws: you want them to tell you how MTN isn't operational in Dubai 6 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by RichDad1(m): 6:58am On Apr 30 |
jmoore:Rest. |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Liamm(m): 7:04am On Apr 30 |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Brendaniel: 7:05am On Apr 30 |
FreeStuffsNG: Stabililty in the forex market and naira lost value of 79 naira in one day and almost 300 naira in one week, what kind of lies do you come to here to dish out? 11 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Brendaniel: 7:06am On Apr 30 |
RichDad1: As long as you keep coming here to talk rubbish to defend nonsense in governance, he will not rest on your case.... 2 Likes |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Osiris12: 7:08am On Apr 30 |
Port443:Dem fit start practicing witchcraft so they can fly instead U funny die😀😀😀. Multi choice increase price. Everyone turned to their enemies without asking why. Very soon the weak, gullible and agbado people will die off. 1 Like |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by RichDad1(m): 7:19am On Apr 30 |
Brendaniel:My case?? You better change your dealer pathetic losers. 😂😂 |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Nahunger(m): 7:21am On Apr 30 |
Naira is gaining, oh lord thank you for Tinubu presidency 😁 Naira must rise Nigeria will rise 👏 |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Brendaniel: 7:21am On Apr 30 |
RichDad1: My case?? You better change your dealer pathetic losers. 😂😂 Your words not mine.... |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Kukutenla: 7:30am On Apr 30 |
Amazing |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by payaseriy: 7:33am On Apr 30 |
FreeStuffsNG:what is this one saying? I hope u don't smoke poo 1 Like |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Kukutenla: 7:40am On Apr 30 |
FreeStuffsNG:You are right that revenue increased but what is depressing is such massive revenue not worth more than tissue paper because of naira depreciation. The enemies of Nigeria need to lose fast fast o |
Re: MTN Nigeria Reports ₦575.69 Billion Pre-Tax Loss In First Quarter Of 2024 by Odidigboigbo(m): 7:44am On Apr 30 |
HRMK:I hope you employed the staff that will be layed off if they returned? Do you ever consider the impact on the economy if they returned to their country? 2 Likes |
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