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Home Markets Equities Company Results

Airtel Africa posts profit after tax of $142m in HY 2021.

Chidi Emenike by Chidi Emenike
July 29, 2021
in Company Results, Markets
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Airtel Africa Plc released its unaudited financial results for the period ended 30th of June, 2021.

  • Revenue for the period was $1.1 billion. (+50.4% YoY)
  • Expenses totalled $581 million. (+21.3% YoY)
  • An operating profit of $352 million was recorded. (+67.6% YoY)
  • Capital expenditure totalled $106 million. (+59.9% YoY)
  • Operating free cash flow of $428 million (+38.7% YoY)
  • Profit after tax was $142 million. (+148.7% YoY)
  • Earnings per share of 3.3 cents Vs 1.1 cents YoY
  • Total customer base during the period under review was 120.8 million.

See link to results

 

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Tags: Company Financial Results
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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