News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise

Markets & Investment News South Africa

MTN's earnings likely to be up at least 20%

MTN Group said on Thursday (1 August) that for the six months to June it expected an increase of between 20% and 25% in headline earnings per share compared with the previous year.
MTN's earnings likely to be up at least 20%

Its results are expected to be announced on 14 August 2013.

The headline earnings per share for the six month period were positively affected by foreign exchange gains of about R1bn compared with foreign exchange losses of about R1.5bn in the previous year.

These losses related to some of the group's subsidiaries. This resulted in lower net finance costs for the company‚ MTN said in a trading update.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz