Listed technology firm TeleMasters said on Tuesday earnings and cash flow for the six months to December 2019 had increased, driven by cost saving measures and building an annuity-based business model.
“This gives us and our customers the opportunity to budget for and plan communication expenses throughout the year, thus providing a clear return on investment benefit,” the company said.Headline and diluted headline earnings per share also increased to 3.9c from 1.34c in the previous six months. While the full affect Covid-19 cannot yet be determined, TeleMasters' board of directors is of the opinion that, “the group has sufficient resources to continue as a going concern for the immediate future”.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Want an edge in business? Apply for the Wits Business School PDBA degree nowSPONSORED | Calling all ambitious graduates and motivated professionals. Do you want to grow your career and personal development? Are you ready to drive the socioeconomic regeneration of SA and the continent? Read more.
Source: TimesLIVE - 🏆 28. / 59 Read more »