Airtel Africa Plc reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 1,238 million compared to USD 1,350 million a year ago. Revenue was USD 1,240 million compared to USD 1,353 million a year ago. Net loss was USD 6 million compared to net income of USD 172 million a year ago. Basic loss per share from continuing operations was USD 0.002 compared to basic earnings per share from continuing operations of USD 0.046 a year ago. Diluted loss per share from continuing operations was USD 0.002 compared to diluted earnings per share from continuing operations of USD 0.046 a year ago.
For the nine months, sales was USD 3,861 million compared to USD 3,914 million a year ago. Revenue was USD 3,879 million compared to USD 3,923 million a year ago. Net loss was USD 61 million compared to net income of USD 468 million a year ago. Basic loss per share from continuing operations was USD 0.016 compared to basic earnings per share from continuing operations of USD 0.125 a year ago. Diluted loss per share from continuing operations was USD 0.016 compared to diluted earnings per share from continuing operations of USD 0.125 a year ago.