Millicom International Cellular S.A. (MICC) Thursday reported net profit of $31 million or $0.18 per share for the fourth quarter compared with net loss of $63 million or $0.37 per share in the same quarter a year ago, mainly due to lower expenses.
Profit from continuing operations was $53 million compared with loss of $157 million last year.
Operating profit increased 63.4 percent to $373 million from $228 million last year.
Revenue for the quarter decreased 3.2 percent to $1.428 billion from $1.475 billion in the previous year.
The Board has approved an additional interim dividend of $0.75 per share to be paid in April. It also intends to pay a dividend of $3.00 per share payable in four equal quarterly installments- 0.75/share in July, 2025; $0.75/share in October, 2025: $0.75/share in January, 2026 and; $0.75/share in April, 2026.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.