Airtel Malawi PLC 2021 IR
The report highlights Airtel Malawi's financial and operational performance for the fiscal year 2021. The company achieved a 23.8% growth in its customer base, reaching 6.25 million active subscribers, and a 19.5% increase in revenue to MK131.8 billion. Airtel Malawi expanded its network by rolling out 132 new sites, achieving 4G capability across all 1,024 sites. Despite facing macroeconomic challenges, including foreign exchange losses, the company's profit after tax increased to MK32.3 billion. Additionally, the company advanced its digitisation strategy, increasing electronic recharges and launching process automation initiatives.
Company: Airtel Malawi PLC
Sector: Communication Services
Country: Malawi
Year: 2021
Type: IR
Pages: 49
Airtel Malawi PLC
Integrated Report
The report highlights Airtel Malawi's financial and operational performance for the fiscal year 2021. The company achieved a 23.8% growth in its customer base, reaching 6.25 million active subscribers, and a 19.5% increase in revenue to MK131.8 billion. Airtel Malawi expanded its network by rolling out 132 new sites, achieving 4G capability across all 1,024 sites. Despite facing macroeconomic challenges, including foreign exchange losses, the company's profit after tax increased to MK32.3 billion. Additionally, the company advanced its digitisation strategy, increasing electronic recharges and launching process automation initiatives.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
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