MTN Ghana records GH¢4billion profit in 2023; company to pay GH¢0.175 per share as dividend

Despite a challenging economic environment in Ghana marked by high inflation and currency depreciation, Scancom PLC, known as MTN Ghana, reported a successful year in 2023.

The company announced a profit of GH¢3.98 billion cedis and declared a dividend of GH¢0.175 per share in its audited 2023 Financial Report released yesterday. The company’s share price on the Ghana Stock Exchange dipped by 0.01 pesewas yesterday to close trading at GH¢1.39.

While the year presented its share of difficulties, MTN Ghana remained focused on delivering value to its stakeholders.