16 June 2020 - 19:55Discovery’s share price fell on Monday after the financial services group warned of a large drop in earnings as a result of the coronavirus pandemic.
Shares in the company dropped nearly 3% to R105.43 after it announced its headline earnings per share , a widely used measure to show profits in SA, could be between 70% and 90% lower in the year to June 30.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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MARKET WRAP: JSE has worst day in a month amid fears of second virus waveAgribusiness Zeder’s share price jumped 6.33% to R2.35 after the company said on Monday that it had sold its shares in Quantum Foods
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Telkom earnings expected to drop by at least 60%The decrease is mainly due to R1.2bn one-off costs relating to its restructuring programme Uzozwa sebethi More Nice is no more🤦🏽♂️ Where is the minister of communication in all this... Stellarated your leadership is required here, you were no where to be found during the DataMustFall movements, Telkom is taking yet another dip, ukuphi kanti?
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Telkom earnings expected to drop by at least 60%The decrease is mainly due to R1.2bn one-off costs relating to its restructuring programme
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