Legend Internet Plc reports N99.34 million half-year loss despite network expansion

Legend Internet Plc reported a N99.34 million loss for the six months ending January 31, 2026, a significant reversal from its prior year profit. The internet service provider's revenue declined by 18.8% to N505.36 million, while administrative expenses surged, contributing to the overall loss. Despite the financial downturn, the company increased its cash reserves and continued investing in its fibre network infrastructure.