Big jump in earnings likely for Blue Label Telecoms

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada News News

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines