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Telkom FY net profit rises to ZAR 1.58 bln

Friday 13 June 2014 | 10:56 CET | News
South Africa-based Telkom Group said its net profit for the year ended 31 March reached ZAR 1.58 billion. Group EBITDA improved by 3.8 percent to ZAR 8.4 billion from ZAR 8.1 billion a year earlier. Headline earnings per share from continuing operations, excluding once-off items, increased 35.1 percent to ZAR 3.88 from the previous year, while basic earnings per share increased to ZAR 2.852 from ZAR 2.685. In line with its guidance to stabilise revenues, the firm achieved revenue growth of 1.1 percent to ZAR 32.5 billion for the year, confirming that Telkom still face significant challenges

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Categories: Fixed
Companies: Telkom
Countries: South Africa
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