News Formal

Mustek shares sink as it warns of big hit to earnings

  • 📰 TechCentral
  • ⏱ Reading Time:
  • 11 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

Mustek Shares Nouvelles

Mustek

Shares in Mustek fell by more than 10% after the technology distributor warned of a steep decline in full-year earnings.

fell by more than 10% on the JSE on Wednesday after the technology distributor warned of a steep decline in full-year earnings.said it expects to report a 70-80% decline in headline earnings per share for the period ended 30 June 2024 compared to last year’s figure of R3.75.

“The operating environment for the year ended 30 June 2024 was marked by tough economic conditions and cautious market sentiment leading up to the general elections in South Africa,” it told investors.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Mustek expects big earnings lossMustek says challenging economic conditions and an extended load-shedding suspension hurt its performance.
La source: mybroadband - 🏆 11. / 67 Lire la suite »