Page 27 - Profile's Stock Exchange Handbook - 2025 Issue 2
P. 27
Profile’s Stock Exchange Handbook: 2025 – Issue 2 NSX – LHN
Letshego Holdings (Namibia) Ltd. Mobile Telecommunications Ltd.
LHN MOC
ISIN: NA000A2DVV41 SHORT: LHN CODE: LHN ISIN: NA000A3CR803 SHORT: MTC LTD CODE: MOC
REG NO: 2016/0145 FOUNDED: 2016 LISTED: 2017 REG NO: 94/458 FOUNDED: 1994 LISTED: 2021
NATURE OF BUSINESS: Letshego Holdings (Namibia) Ltd. is a listed NATURE OF BUSINESS: MTC is the largest mobile telecommunications
public company, which operates within the Republic of Namibia. Its main operator in Namibia, with 2.6 million active subscribers. For over 26 years,
business is holding its investment subsidiaries, namely Letshego Bank MTC has grown revenue and retained customers by providing voice and
Namibia Ltd. (“LBN”) and Letshego Micro Financial Services Namibia data services and solutions to post-paid and prepaid individual and
(Pty) Ltd. (“LMFSN”). LHN holds 99.99% of the issued share capital in business customers through its extensive telecommunications
LBN and 100% of the issued share capital in LMFSN. The Group provides transmission and distribution network, serviced by 35 mobile homes, 29
banking and other financial services to Namibian residents. dealerships (airtime sellers and distributors), 24-hour customer contact
SECTOR: Fins—Banks—Banks—Banks centre, digital channels and a network management and technical quality
NUMBER OF EMPLOYEES: 154 centre (For immediate response to customer complaints).
DIRECTORS: Chigiji K (ind ne), Esterhuyse J J (ind ne), Mutumba J (ind ne), SECTOR: Telecoms—Telecoms—TelecomServiceProvider—TelecomServices
Nakale MM(ind ne), Ochieng R (ne), Kali Dr E (CEO), Altmann K (CFO) NUMBER OF EMPLOYEES: 848
POSTAL ADDRESS: PO Box 11600, Windhoek, Namibia DIRECTORS: George Dr F (ne), Hiwilepo T (ne), Kanime A (ne),
MORE INFO: www.sharedata.co.za/sdo/jse/LHN Schuckmann W (ind ne), Mberirua T (Chair, ind ne), ErastusDrLR(MD),
COMPANY SECRETARY: Evast Tulonga Ndapwoshisho Kalumbu Smit M J (FD)
TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd. MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2024
SPONSOR: IJG Securities (Pty) Ltd. NPTH 60.13%
Government Institutions Pension Fund
28.67%
AUDITORS: Ernst & Young Namibia
POSTAL ADDRESS: PO Box 23051, Windhoek, Namibia
CAPITAL STRUCTURE AUTHORISED ISSUED MORE INFO: www.sharedata.co.za/sdo/jse/MOC
LHN Ords NAD0.02c ea - 500 000 000 COMPANY SECRETARY: Ndahambelela Haikali
DISTRIBUTIONS [NADc] TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.
Ords NAD0.02c ea Ldt Pay Amt SPONSOR: IJG Securities (Pty) Ltd.
Final No 13 6 Jun 25 27 Jun 25 43.88 AUDITORS: Deloitte & Touche Inc.
Interim No 12 1 Nov 24 22 Nov 24 39.89 CAPITAL STRUCTURE AUTHORISED ISSUED
LIQUIDITY: Apr25 Avg 12 843 shares p.w., R65 491.4(0.1% p.a.) MOC Ords NAD3.3c ea 750 000 000 750 000 000
40 Week MA LHN DISTRIBUTIONS [NADc]
Ords NAD3.3c ea Ldt Pay Amt
616
Final No 7 17 Jan 25 7 Feb 25 49.27
Interim No 6 13 Jun 24 5 Jul 24 33.82
522
LIQUIDITY: Apr25 Avg 74 625 shares p.w., R571 998.6(0.5% p.a.)
428
FTEL 40 Week MA MTC LTD
335
1078
241
960
147 843
2020 | 2021 | 2022 | 2023 | 2024 |
FINANCIAL STATISTICS 725
(Amts in NAD’000) Dec 24 Dec 23 Dec 22 Dec 21 Dec 20
Final Final Final Final(rst) Final 608
Interest Paid 404 940 349 041 214 435 121 232 98 750 490
Interest Rcvd 954 227 787 250 667 861 588 524 625 704 2022 | 2023 | 2024 |
Operating Inc 452 675 395 100 401 950 339 283 466 775 FINANCIAL STATISTICS
Attrib Inc 418 841 353 345 350 415 303 229 320 889 (Amts in NAD’000) Sep 24 Sep 23 Sep 22 Sep 21 Sep 20
TotCompIncLoss 418 841 353 345 350 415 302 229 320 889 Final Final Final(rst) Final(rst) Final (P)
Ord SH Int 2 565 973 2 528 449 2 571 048 2 494 486 2 383 449 Turnover 3 225 100 3 046 878 2 905 316 2 802 356 2 685 416
Dep & OtherAcc 1 302 113 827 978 535 687 389 069 187 893 Op Inc 1 023 950 1 099 709 1 061 273 1 071 979 1 077 338
Liabilities 4 336 887 4 052 839 3 221 030 2 811 866 1 799 507 NetIntPd(Rcvd) - 74 867 - 48 888 - 62 842 - 18 583 - 40 968
Adv & Loans 5 385 539 4 740 307 4 752 702 4 278 481 3 608 616 Att Inc 772 881 794 175 641 482 743 335 772 399
ST Dep & Cash 750 565 750 849 320 815 287 048 468 253 TotCompIncLoss 772 881 794 175 793 039 743 335 772 399
Total Assets 7 117 945 6 796 373 6 007 163 5 521 437 4 398 041 Fixed Ass 1 828 993 1 633 734 1 544 037 1 423 973 1 260 002
PER SHARE STATISTICS (cents per share) Inv & Loans 1 075 1 525 1 137 961 5 665
HEPS-C (ZARc) 84.00 71.00 70.00 61.00 68.00 Tot Curr Ass 1 407 037 1 297 820 1 228 352 1 048 365 1 140 846
DPS (ZARc) 43.88 70.67 74.41 45.48 22.50 Ord SH Int 2 901 856 2 673 625 2 542 825 2 269 431 2 126 149
NAV PS (ZARc) 556.00 549.00 557.00 542.00 524.00 LT Liab 634 531 664 014 559 817 534 341 479 136
3 Yr Beta 0.39 0.21 0.22 0.09 0.22 Tot Curr Liab 820 871 626 105 624 611 625 611 657 490
Price Prd End 500 391 300 196 266 PER SHARE STATISTICS (cents per share)
Price High 501 396 302 266 329 HEPS-C (ZARc) 103.05 105.92 105.81 99.11 -
Price Low 391 300 150 145 230 DPS (ZARc) 83.09 85.25 79.00 32.00 -
RATIOS NAV PS (ZARc) 386.91 356.48 339.04 302.59 283.49
Ret on SH Fund 15.06 12.88 12.58 11.19 12.35 Price High 850 750 891 - -
RetOnTotalAss 6.36 5.81 6.69 6.14 10.61 Price Low - 701 700 - -
Interest Mgn 0.08 0.06 0.08 0.08 0.12 Price Prd End 756 715 701 - -
LiquidFnds:Dep 0.58 0.91 0.60 0.74 2.49 RATIOS
Ret on SH Fnd 26.63 29.70 25.23 32.75 36.33
Oper Pft Mgn 31.75 36.09 36.53 38.25 40.12
D:E 0.22 0.25 0.22 0.24 0.23
Current Ratio 1.71 2.07 1.97 1.68 1.74
Div Cover 1.24 1.24 1.08 3.10 -
25