Airtel Africa reports Sh44 billion net profit - News Summed Up

Airtel Africa reports Sh44 billion net profit


Airtel Kenya shop in Nairobi. [File, Standard]Business NewsIts revenues grew 11 per cent to Sh362 billion in the year to March 2020, from Sh327 billion. The firm reported a net profit Sh43.5 billion ($408 million) in the year to March 2020 for its business in Africa, a 4.4 per cent drop compared to Sh45.5 billion ($426 million). Its revenues grew by 11 per cent to Sh362 billion ($3.4 billion) in the year to March 2020, from Sh327 billion ($3.07 billion) in the previous financial year. Airtel Africa also segmented the performance into regions, with revenues for East Africa growing 9 per cent to Sh146 billion ($1.37 billion) as of March 2020 from Sh117 billion ($1.1 billion) last year.


Source: Standard Digital May 14, 2020 21:00 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */