Telkom interim earnings to be cut in half

  • 📰 TechCentral
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Telkom on Monday warned investors that its interim headline earnings per share will slump by as much as 55%.

warned investors that its headline earnings per share will slump by as much as 55% year on year when it reports results for the six months to end-September 2022 later this month.

Telkom blamed a change in its mobile post-paid vs prepaid mix, which “had the impact of deferring revenue over 24-36 months, as well as the cost base increasing”.The impact of revenue deferral resulting from the continued growth of its post-paid mobile sales, which reduced revenue recognised by R299-million;

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:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines