MCLEOD COMPUTING
DUNCAN MCLEOD: Is Telkom cruising for a bruising?
There have been some bright spots, but overall the results were not good
01 December 2022 - 05:00
Is Telkom in trouble? Its interim results last week, for the six months to September 30, showed a marked deterioration in many key financial metrics. It also lowered its guidance for revenue and earnings.
Headline earnings per share were cut in half compared with the same period a year ago, while earnings before interest, taxes, depreciation and amortisation — a measure of core operational profitability — fell 17.3%...
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