MTI Nigeria reports positive results
Nigeria's Mass Telecom Innovation (MTI) Plc has released a positive set of results for the first quarter of the year ending 31 March 2009.
The telecoms services company said among the highlights of the results were turnover for the period increasing by 27.73 percent, from N430.58 million in the same period of 2008 to N549.99 million in 2009.
In a brief, the company said profit before tax was up from N32.75 million to N50.72 million while after tax profit increased from N22.92 million in 2008 to N35.51 million in 2009.
