Business

Airtel Africa reports 20.5% profit increase to $452m in half-year results

The telecommunications company's after-tax profit grew to $452 million in the six months ending September, according to Capital FM.

Britam Tower and surrounding buildings at blue hour from Radisson Blu hotel, Nairobi, KE
Illustrative image, not from this event. Daniel Case / Wikimedia Commons (CC BY-SA 4.0) · Source

Airtel Africa recorded a profit after tax of 452 million dollars for the half-year period ending in September, according to Capital FM.

The figure represents an increase of 20.5 percent compared to the same period in the previous year.

Capital FM reports that the profit growth was supported by higher revenue, though specific revenue figures were not provided in the announcement.

Source: Capital FM · Business

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