Mobile operator MTN expects profits to more than doule in its half-year to end-June.

Headline earnings per share growth (HEPS) is expected to be between 115% and 125% higher than the prior period’s 195c, the group said in a trading update, partially due to favourable foreign exchange gains. HEPS is a widely used profit measure in SA, stripping out certain one-off items to give a better indication of the underlying performance of a business...

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