Airtel Africa Share Price Remains Unchanged As Market Capitalization Values At N7.52

Airtel Africa Plc’s share price remained unchanged as market capitalization was valued at N7.52 trillion at the end of the trading week.

NewsBeatng reports that the company ended the week as the most capitalized company on the exchange once again, leading the SWOOTS strongly, with MTNN, its competitor and third-most capitalized stock, far behind.

The telecom giant released its unaudited financial statement for the quarter ended June 2022 revealing a 13% growth in revenue from $1.11 billion in 2021 to $1.26 billion in the current period.

The profit after tax for the period also appreciated significantly by 25.3% from $142 million in 2020 to $178 million.