Blue Label Telecoms expects big rise in earnings
The company says the increase in earnings is primarily attributable to the disposal of its 47.56% interest in Blue Label Mexico
17 February 2021 - 13:10
Prepaid specialist Blue Label Telecoms expects to report earnings growth of more than a third, the result of shedding loss-making operations.
On Wednesday, Blue Label — which specialises in selling prepaid airtime, electricity and ticketing — said its earnings per share were expected to rise up to 45% for the six months to November 2020, translating to a range of 49.23c to 50.62c, compared to 34.83c seen in the previous comparable period. ..
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