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General

TNM net profit rises 27% to MWK 16.6 bln in 2018

Monday 8 July 2019 | 14:45 CET | News
Malawian operator TNM said its net profit increased by 27 percent year-on-year to MWK 16.6 billion in 2018, buoyed by strong growth in revenues, cost control and a stable macro-economic environment. The voice business contributed close to 80 percent of the company's profitability while 20 percent was derived from data and mobile money.

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Categories: General
Companies: TNM
Countries: Malawi
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