Cell C recap wrecks Blue Label's interim earnings - TechCentral

Earnings per share will decline by as much as 116%, to a loss of as much as 9.95c/share. Heps could come in at as little 0.87c/share, Blue Label said.Extraneous expenditure and income, which it did not expand upon in its trading statement;

The partial reversal of the initial impairment of Blue Label’s investment in Cell C – Blue Label had attached a nil carrying value to Cell C after the scale of the problems at the mobile operator became apparent;

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