Blue Label reports strong growth in core business

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 61%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Blue Label Telecoms, the JSE-listed provider of electronic tokens on Wednesday (23 February) reported a 5% decline in revenue for the six months ended November 2021, to R9.1 billion.

As only the gross profit earned on “PIN-less top-ups”, prepaid electricity, ticketing and gaming are recognised as revenue, on imputing the gross revenue generated thereon, the effective growth in revenue equated to 12% from R32.4 billion to R36.2 billion,” it said.

Gross profit meanwhile, improved 20% to R1.36 billion, and headline earnings per share of 60.86 cents, was up fromcents per share previously. Blue Label said that net cash generated from operating activities amounted to R862 million. Core headline earnings for the period ended November 2021 amounted to R549 million, of which R548 million related to continuing operations and R1 million to discontinued operations. Core headline earnings amounted to 62.69 cents per share.

In the comparative period, core headline earnings amounted to R376 million, of which R351 million related to continuing operations and R25 million to discontinued operations. Core headline earnings amounted to 42.70 cents per share.Blue Label said it continues to increase market share and bolster its product and services mix to defend and growGross revenue generated on “PIN-less top-ups” increased by R1.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 24. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Super Group gets boost from New Zealand acquisitionTransport group’s core profit rises by half in half-year to end-December
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Aveng shares lose ground on interim earnings slumpShares in Aveng dropped by 4.06% to R19.86 per share in early trading on Tuesday, after the JSE-listed construction and engineering group reported on Monday evening that normalised earnings per share slumped by 55.6% to 67 cents. Moneyweb CompanyNews
Источник: Moneyweb - 🏆 5. / 77 Прочитайте больше »