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General

Telkom sees FY HEPS down by 70%

Tuesday 16 June 2020 | 09:15 CET | News
Telkom South Africa said it expects its headline earnings per share (HEPS) for the fiscal year to March 2020 fell by 65-70 percent, while reported group basic earnings per share dropped 75-80 percent. Earnings were hurt by one-off costs for its restructuring programme of ZAR 1.19 billion and an additional impairment of trade receivables and contract assets due to Covid-19 of ZAR 626 million.

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Categories: General
Companies: Telkom
Countries: South Africa
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