JUST IN: MTC’s profit up 6.7%
MTC reported a profit after tax of nearly N$793.04 million for the year ended 30 September 2022, about N$49.7 million or 6.7% more than its 2021 financial year.
The locally-listed group released its latest financial results on the Namibian Stock Exchange (NSX) this morning, reporting total income of more than N$2.9 billion for the 12 months under review. Compared to the same period in 2021, this is an increase of nearly N$103 million or 3.7%.
Headline earnings per share (HEPS) – a profitability gauge – came in at 105.81c, up 6.8% year on year (y/y).
MTC declared a final dividend of 42c per share (2021:32c), bringing the total dividend of the year to 69.29c (2021:80c).
The locally-listed group released its latest financial results on the Namibian Stock Exchange (NSX) this morning, reporting total income of more than N$2.9 billion for the 12 months under review. Compared to the same period in 2021, this is an increase of nearly N$103 million or 3.7%.
Headline earnings per share (HEPS) – a profitability gauge – came in at 105.81c, up 6.8% year on year (y/y).
MTC declared a final dividend of 42c per share (2021:32c), bringing the total dividend of the year to 69.29c (2021:80c).



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