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MTNGH share price on Ghana Stock ExchangeMTNGH share price on Ghana Stock Exchange

Scancom Plc, more commonly known as MTN Ghana, is a public limited liability company first incorporated in Ghana in April 1994 and licensed by the NCA as a mobile telecommunications services operator. In November 1994, MTN (then using the trade name “Spacefon”) launched its GSM mobile cellular services with initial coverage in Accra and Tema. Coverage was expanded to Kumasi and Obuasi in 1997, and to Takoradi, Bibiani, Tarkwa and Cape Coast in 1999. Since then, MTN has built a robust customer base in Ghana, increasing its subscribers from 2.5 million in 2006 to nearly 18 million as at December 2017. MTN Ghana's main revenue lines are airtime and subscription, interconnect and roaming, SMS, data, handset and accessories, mobile money, and value added services. Data and mobile money are expected to be the dominant drivers of revenue due to increased internet use and reliance on mobile money for payments.

MTNGH0.68 ▴ 0.02 (3.03%)
2 days ago
Last Trading ResultsGrowth & Valuation
Opening Price:0.66Earnings Per Share:0.0820
Day's Low Price:--Price/Earning Ratio:8.29
Day's High Price:--Dividend Per Share:0.05
Traded Volume:300Dividend Yield:7.35%
Number of Deals:--Shares Outstanding:12.29b
Value/Turnover:204.00Market Capitalization:8.36b
Monetary values are quoted in Ghana Cedi (GHS) unless otherwise stated

MTNGH Stock Market Performance


The stock of MTN Ghana (MTNGH) is currently trading at 0.68 GHS per share on the Ghana Stock Exchange. MTNGH began the year with a share price of 0.70 GHS but has since lost 2.86% off that price valuation, ranking it 29th on the GSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of MTN Ghana on the Ghana Stock Exchange.


Profile of Scancom Plc

Below is an abridged, consolidated report of the latest annual financial statements for Scancom Plc. The company’s financial year runs from January 1 to December 31. The reporting currency for the monetary data presented herein is the Ghana Cedi (GHS). All amounts are expressed in millions with the exception of per share items.

Income Statement
Total Revenue3,419.752,773.222,315.671,993.411,752.61
Cost of Revenue-1,185.20-931.85-960.43-763.45-599.16
Gross Profit2,234.551,841.371,355.241,229.961,153.45
Operating Expense-902.33-708.34-414.65-404.50-496.20
Other Op. Income-341.23-258.37-282.62-279.52-149.43
Non-Operating Income-21.96-54.19-34.97-37.11-9.84
Income Tax-254.27-277.95-192.21-152.20-136.59
Net Income714.77542.51430.79356.62361.38
Balance Sheet
Total Assets3,448.452,756.202,323.802,116.361,855.01
Total Liabilities1,579.811,132.331,135.441,083.79928.07
Total Equity1,868.641,623.871,188.361,032.57926.95
Equity & Liabilities3,448.452,756.202,323.802,116.361,855.01
Cash Flow Statement
Operating Activities391.32859.69437.83254.37296.32
Investing Activities-512.80-862.72-508.76-318.83-346.17
Financing Activities185.93-132.6086.04-7.74105.72
Net Cash Flow64.44-135.6315.11-72.2055.87
Cash & Cash Equiv.196.73151.67284.28242.43291.12

Scancom Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. The company is led by Ebenezer Twum Asante (52) as its Chief Executive Officer, since 2015. The company's board of directors, chaired by Ishmael Yamson (77), is composed of eight members whose names are listed below.

  1. Yamson, Ishmael
  2. Asante, Ebenezer Twum
    Chief Executive Officer
  3. Kadri, Modupe Agbolade
    Chief Financial Officer
  4. Abeasi, Kwasi
    Non-Executive Director
  5. Perumal, Sugentharen
    Non-Executive Director
  6. Mupita, Ralph
    Non-Executive Director
  7. Jakoet, Fatima
    Non-Executive Director
  8. Pomes, Albert Fernandez
    Non-Executive Director
Factsheet of Scancom Plc
Mobile Telecommunications
MTN House, Independence Avenue, West Ridge, Accra, Ghana
+233-24-430-0000, +233-24-100-62279

Index of African Stock Exchanges:

  1. BRVM Stock Exchange
  2. Botswana Stock Exchange
  3. Ghana Stock Exchange
  4. Lusaka Stock Exchange
  5. Malawi Stock Exchange
  6. Nairobi Securities Exchange
  7. Nigerian Stock Exchange
  8. Zimbabwe Stock Exchange

Comments (69)

  1. Samuel Mawuko Kwame TsatsuSamuel Mawuko Kwame Tsatsu
    Nov 4, 2019 23:08 GMT

    I bought my shares through mobile money but I have not received any divisent Since then. What is the problem? Please let me know.

  2. captain macleancaptain maclean
    Jan 27, 2020 20:06 GMT

    I bought shares since last year with mobile money, and still haven't heard anything for you guys, at least let us know what is on going.

  3. EricEric
    Oct 21, 2019 19:53 GMT

    Ghana financial system is not serious as a country especially the Ghana stock exchange, why will one buy share and after a short term liquidity challenge face your client. All what you will here is, unless your share has been sold before you can get refunding your money back without even a period you can trust.

    Ghana stock exchange is a joke and i will soon stand toll at them because they can't use the entity to fraud Ghanaians

    Accepting the money takes a day but refunding don't have a period or date. What a scam policy and will never advice anybody to use he's or her money to buy any share in Ghana.

    MTN Ghana, please pay us back our shares or..............

  4. Victor 1Victor 1
    Nov 7, 2019 16:56 GMT

    Please I won't to buy MTN shares how can l?

    1. AKAK
      Nov 14, 2019 04:40 GMT

      hey Victor, i was just thinking of selling mine

  5. umar abdul wahabumar abdul wahab
    Dec 5, 2019 05:34 GMT

    good from u keep it up guys

  6. Wadi +233244224196Wadi +233244224196
    Sep 7, 2019 11:02 GMT

    I have 1550 shares I want to trade. I filled out the form and and submitted it to IC securities for about three months now I keep calling but nothing came out. Now I have got someone to purchase, I wanted to link the fellow to IC securities to sell it to him but they said it doesn't work that way.... I want to trade my shares now please help me out

    1. EbenezerEbenezer
      Nov 14, 2019 21:02 GMT

      You mean you can't link someone to buy your shares? What nonsense is that.Why didn't they add that hidden agenda to the advert they were running on the social media? They should come out clear as to how best we can get the best deal about our shares

  7. Ibrahim AbubakarIbrahim Abubakar
    Jan 28, 2019 12:43 GMT

    Mtn shares keeps on decreasing. Please is there any reason

    1. MabelMabel
      Mar 9, 2019 23:53 GMT

      MTN's IPO price was 75p just about 6 months ago. Then they say they've grown the business by over 20%, digital revenue over 25%, data revenue over 30% but THEY PAY DIVIDEND OF ONLY 2 PESEWAS!!! What kind of scam life is this??

  8. SarfoSarfo
    Feb 20, 2019 21:06 GMT

    Hasn't the mobile money trading of MTN share started? If not, when since we will soon be entering March!!!

    1. SarfoSarfo
      Feb 28, 2019 21:02 GMT

      Anyone, please when will trading of mtn shares with mobile money be activated? We are just 3 days away from entering march and still can't trade!!

  9. David Mawufemor TsatsakuDavid Mawufemor Tsatsaku
    Aug 27, 2019 13:34 GMT

    I can't get access to my mtn shares.please i need your number is 0559925196

  10. AnthonyAnthony
    Aug 28, 2019 20:11 GMT

    Daniel, please is it possible to get your number.

    This is my number 0245290141.


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