06-06-2016 09:16 via news.yahoo.com

South Africa's Telkom posts 15.5 percent rise in full-year earnings

JOHANNESBURG (Reuters) - Telkom SA, South Africa's biggest landline provider, posted a 15.5 percent jump in full-year profit on Monday and said it had successfully completed its turn-around strategy. Telkom said its headline earnings per share (HEPS) for the year to end-March rose to 657.9 South African cents. Headline earnings are the main profit gauge in South Africa and exclude certain one-off and non-trading items. (Reporting by Zimasa Mpemnyama; Editing by James Macharia)
Read more »