News Formal

Altron’s shares reach best level since 2014 on earnings update

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Strong performance sees full-year earnings jump 62%

Altron’s shares jumped 4.2% to R20.69, the best level since October 2014, on Thursday morning after the technology group said earnings in the year to end-February rose by up to 62%.

Headline earnings per share were between 49% and 62% higher than the prior year, the group said. Headline earnings per share from continuing operations were up by between 43% and 56%. Altron’s shares have gained about 71% since the start of 2018 thanks to renewed investor confidence in the group, which now counts Value Capital Partners as a strategic investor.

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 SG
 

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

Mr Nyati is doing a great job.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Zimbabwe, Russia Sign $4 Billion Platinum Mine DealZimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalizing a deal that’s stalled since 2014.
Source: dailymaverick - 🏆 3. / 84 Read more »