Big jump in earnings likely for Blue Label Telecoms

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The company says the increase in earnings is primarily attributable to the disposal of its 47.56% interest in Blue Label Mexico

Prepaid specialist Blue Label Telecoms says it is likely to report a more than 40% increase in earnings for the year to May 2021, driven in part by the sale of its Mexican unit and closure of a retail operation.

Blue Label — which specialises in selling prepaid airtime, electricity and ticketing — said it expects to report earnings per share of between 94.27c and 94.83c, up from 13.89c previously, translating to an increase of up to 583%. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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Big jump in earnings likely for Blue Label TelecomsThe company says the increase in earnings is primarily attributable to the disposal of its 47.56% interest in Blue Label Mexico
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Big jump in earnings likely for Blue Label TelecomsThe company says the increase in earnings is primarily attributable to the disposal of its 47.56% interest in Blue Label Mexico
La source: BDliveSA - 🏆 12. / 63 Lire la suite »