Nation Media Group PLC (NMG) — FY 2021
Earnings report for Nation Media Group PLC (NMG) for FY 2021 (iliyotolewa 25 Sep 2022). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Group Revenue increased to Shs 7,613.7 million in 2021, up from Shs 6,812.8 million in 2020.
- Profit before income tax rose significantly to Shs 730.7 million in 2021 from Shs 119.9 million in 2020.
- Basic earnings per share for 2021 was Shs 2.5, a substantial increase from Shs 0.2 in 2020.
- Directors recommended a final dividend of Shs 1.50 per share for the year ended 31 December 2021.
- Print advertising revenue grew by 14%, Television advertising revenue by 25%, and Radio revenue by 42% in 2021.
- Total cash increased by 38% for the year.