Airtel Africa Posts $3.4bn Revenue, $598m Profit Before Tax

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Simonson Harry

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Apr 21, 2020
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Airtel Africa Plc has reported a revenue of $3.422 billion for the year ended March 31, 2020, showing an increase of 13 per cent from $3.077 billion recorded in 2019. Profit before tax rose 77 per cent from $348 million in 2019 to $598 million in 2020. However, a higher tax payment that jumped by 330 per cent, made the telecommunications firm to end the year with a profit after tax (PAT)of $408 million in 2020, compared with $426 million in 2019.
 
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Admin

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Apr 5, 2020
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Simonson Harry said:
Airtel Africa Plc has reported a revenue of $3.422 billion for the year ended March 31, 2020, showing an increase of 13 per cent from $3.077 billion recorded in 2019. Profit before tax rose 77 per cent from $348 million in 2019 to $598 million in 2020. However, a higher tax payment that jumped by 330 per cent, made the telecommunications firm to end the year with a profit after tax (PAT)of $408 million in 2020, compared with $426 million in 2019.
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Nice write up. Been a while we say you here. I like this post about Airtel.
 
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