MTN Uganda recorded a higher average growth rate in profit than in revenue

In 2017, MTN Uganda recorded a 58% increase in profit with only a 9% revenue increase. On average, the telco had an 18.2% yearly increase in profit between 2016 and 2023, while revenue growth was at 9.2% yearly.

Source:

MTN Uganda

Period:

2015 - H1 2024
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