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Paratus Telecom sees FY earnings up 30% as amended reporting period covers 16 months

Wednesday 23 September 2020 | 13:02 CET | News
Paratus Namibia has announced that its 2020 financial year is expected to yield a 30 percent increase in earnings mainly thanks to higher profitability at main subsidiary Paratus Telecommunications, on the back of revenue growth and improved operating margins. In a trading update to the Namibia Stock Exchange, Paratus said shareholders should anticipate the 30 June year-end results to be substantially higher than 2019.

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Categories: Fixed
Companies: Paratus Telecom
Countries: Namibia
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