Airtel Africa Plc reports net profit of $192 million in the quarter ended September 30,2021

Airtel Africa Plc released its unaudited financial results for the quarter ended 30th of September, 2021.

  • Revenue for the period was $1.16 billion. (+20.21% YoY)
  • Expenses totalled $599 million. (+12.38% YoY)
  • An operating profit of $380 million was recorded. (+45.04% YoY)
  • Capital expenditure totalled $139 million. (-6.71% YoY)
  • Operating free cash flow of $425 million (+48.08% YoY)
  • Profit after tax was $192 million. (+118.18% YoY)
  • Earnings per share of 4.3 cents Vs 1.9 cents YoY
  • Total customer base during the period under review was 122.7 million.

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