Airtel Malawi Plc has issued a trading statement signaling an impressive turnaround in its financial performance for the year ending 31st December 2024. The company projects a profit after tax of between MWK 43.1 billion and MWK 47.7 billion, representing a growth of 380% to 409% compared to the MWK 15.4 billion loss reported in FY2023.
Key Highlights
- Expected Profit After Tax: MWK 43.1 billion to MWK 47.7 billion.
- Growth: 380% to 409% year-on-year.
- FY2023 Results: Loss of MWK 15.4 billion.
The company attributes this significant improvement to robust operational strategies and financial performance throughout 2024.
