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Airtel Malawi eye profit growth

Malawi Stock Exchange-listed Airtel Malawi say they anticipate registering a 409% growth in profits for the year ending 31 December 2024.

Company Secretary, Abdulhakim Mkwanda, disclosed that are eyeing a maximum K47.7 billion profit for the period.

Last year, Airtel registered a post-tax loss of K15.4 billion.

The actual financial results of the mobile network operator for the 2024 financial year are set to be released next year.

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