Tiso Blackstar expects an even wider full-year loss
Tiso previously said the drop in earnings is mainly due to once-off costs such as impairments of assets, relocation costs for Hirt & Carter to a new facility and a write-off of its interest in Robor
18 October 2019 - 17:23
Tiso Blackstar, the publisher of the Business Day and Sowetan newspapers, said on Friday it expects earnings to drop by as much as 166.3% for the year to June.
The group said its headline loss per share would widen to between 74.84c and 78.37c compared with the headline loss of 29.43c per share in the previous period...
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