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

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.

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