In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Airtel Networks Zambia Plc (“Airtel” or “the Company”) hereby advises the Shareholders of the Company that the Earnings per Share for the period ended 31 December 2022 is expected to be approximately 33% higher than the year ended 31 December 2021.
The gain is primarily attributed to an increased customer base and revenue of 14% Y-o-Y and 24% Y-o-Y respectively.
Shareholders are advised that the information contained in this Trading Statement has not been reviewed nor reported on by the external auditors of the Company.
The Company expects its results for the period ended 31 December 2022 to be released on SENS and published in the local press on or about Wednesday, 1 March 2023. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s Securities until publication of the results.
By Order of the Board
Sonia Shamwana-Chinganya
Company Secretary