Blue Label shares dive as interim revenue falls 23%
Comm Equipment Company was the biggest culprit in a poor performance for the six months to end-November
22 February 2024 - 16:54
Blue Label Telecoms shares slumped 7.5% on Thursday after the group reported a steep drop in revenue for the six months to end-November, mainly as a result of a poor performance by the group’s specialist finance business, Comm Equipment Company (CEC).
However, the stock recovered some of the loses in the afternoon and were trading 1.73% lower at R3.41 by 4.20pm...
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