Legend Internet Plc reaffirms long-term growth outlook despite recent loss

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Legend Internet Plc reaffirmed its long-term growth outlook despite reporting a loss in its latest six-month results. The company experienced a loss of N99.34 million due to aggressive expansion strategy investments, not core business weakness. Revenue was N220.55 million. Investments in fiber infrastructure and technology continue, with cash reserves improving significantly, positioning the company for future growth in Nigeria's expanding broadband market.


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