MTNGH - MTN Ghana
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.
|Live Trading Feed||Growth & Valuation|
|Opening Price:||--||Earnings Per Share:||0.0702|
|Day's Low Price:||--||Price/Earning Ratio:||10.25|
|Day's High Price:||--||Dividend Per Share:||0.00|
|Traded Volume:||78,300||Dividend Yield:||0%|
|Number of Deals:||--||Shares Outstanding:||12.29b|
MTNGH Stock Market Performance
The stock of MTN Ghana (MTNGH) is currently trading at 0.72 GHS per share on the Ghana Stock Exchange. MTNGH began the year with a share price of 0.79 GHS but has since lost 8.86% off that price valuation, ranking it 31st on the GSE in terms of year-to-date performance. Shareholders' fears may be allayed by the 2.86% increase of MTNGH share price in recent weeks - since April 18. 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.
|Cost of Revenue||-1,185.20||-931.85||-960.43||-763.45||-599.16|
|Other Op. Income||-341.23||-258.37||-282.62||-279.52||-149.43|
|Equity & Liabilities||3,448.45||2,756.20||2,323.80||2,116.36||1,855.01|
|Cash Flow Statement|
|Net Cash Flow||64.44||-135.63||15.11||-72.20||55.87|
|Cash & Cash Equiv.||196.73||151.67||284.28||242.43||291.12|
Scancom Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. The company is led by Ebenezer Twum Asante (51) as its Chief Executive Officer, since 2015. The company's board of directors, chaired by Ishmael Yamson (76), is composed of eight members whose names are listed below.
- Yamson, Ishmael
- Asante, Ebenezer Twum
Chief Executive Officer
- Kadri, Modupe Agbolade
Chief Financial Officer
- Abeasi, Kwasi
- Perumal, Sugentharen
- Mupita, Ralph
- Jakoet, Fatima
- Pomes, Albert Fernandez
|Factsheet of Scancom Plc|
MTN House, Independence Avenue, West Ridge, Accra, Ghana