20°C / 22°C
  • Sat
  • 24°C
  • 7°C
  • Sun
  • 25°C
  • 8°C
  • Mon
  • 26°C
  • 8°C
  • Tue
  • 26°C
  • 10°C
  • Wed
  • 26°C
  • 14°C
  • Thu
  • 26°C
  • 11°C
  • Sat
  • 20°C
  • 11°C
  • Sun
  • 16°C
  • 12°C
  • Mon
  • 15°C
  • 11°C
  • Tue
  • 15°C
  • 9°C
  • Wed
  • 14°C
  • 7°C
  • Thu
  • 15°C
  • 7°C
  • Sat
  • 25°C
  • 9°C
  • Sun
  • 25°C
  • 8°C
  • Mon
  • 27°C
  • 10°C
  • Tue
  • 27°C
  • 11°C
  • Wed
  • 28°C
  • 14°C
  • Thu
  • 29°C
  • 12°C
  • Sat
  • 25°C
  • 6°C
  • Sun
  • 26°C
  • 8°C
  • Mon
  • 27°C
  • 6°C
  • Tue
  • 27°C
  • 7°C
  • Wed
  • 28°C
  • 9°C
  • Thu
  • 29°C
  • 8°C
  • Sat
  • 25°C
  • 13°C
  • Sun
  • 28°C
  • 17°C
  • Mon
  • 22°C
  • 16°C
  • Tue
  • 22°C
  • 16°C
  • Wed
  • 20°C
  • 16°C
  • Thu
  • 21°C
  • 15°C
  • Sat
  • 25°C
  • 12°C
  • Sun
  • 20°C
  • 13°C
  • Mon
  • 16°C
  • 13°C
  • Tue
  • 16°C
  • 12°C
  • Wed
  • 15°C
  • 9°C
  • Thu
  • 16°C
  • 8°C
  • Sat
  • 23°C
  • 11°C
  • Sun
  • 18°C
  • 9°C
  • Mon
  • 13°C
  • 9°C
  • Tue
  • 13°C
  • 6°C
  • Wed
  • 13°C
  • 4°C
  • Thu
  • 13°C
  • 3°C
  • Sat
  • 21°C
  • 13°C
  • Sun
  • 16°C
  • 11°C
  • Mon
  • 13°C
  • 10°C
  • Tue
  • 12°C
  • 8°C
  • Wed
  • 12°C
  • 7°C
  • Thu
  • 13°C
  • 7°C
  • Sat
  • 26°C
  • 10°C
  • Sun
  • 26°C
  • 9°C
  • Mon
  • 28°C
  • 9°C
  • Tue
  • 28°C
  • 10°C
  • Wed
  • 29°C
  • 10°C
  • Thu
  • 31°C
  • 10°C
  • Sat
  • 24°C
  • 6°C
  • Sun
  • 25°C
  • 8°C
  • Mon
  • 25°C
  • 9°C
  • Tue
  • 25°C
  • 7°C
  • Wed
  • 24°C
  • 9°C
  • Thu
  • 23°C
  • 5°C
  • Sat
  • 26°C
  • 8°C
  • Sun
  • 29°C
  • 6°C
  • Mon
  • 28°C
  • 7°C
  • Tue
  • 31°C
  • 9°C
  • Wed
  • 28°C
  • 11°C
  • Thu
  • 27°C
  • 12°C
  • Sat
  • 26°C
  • 12°C
  • Sun
  • 19°C
  • 12°C
  • Mon
  • 14°C
  • 10°C
  • Tue
  • 15°C
  • 9°C
  • Wed
  • 14°C
  • 6°C
  • Thu
  • 15°C
  • 5°C

Telkom FY earnings fall 18.4% on higher tax rate

Telkom, which also provides ICT solutions, said headline earnings per share for the year ended March fell to 597 cents from 731.4 cents in the previous year.

FILE: Telkom Towers. Picture: Telkom website

JOHANNESBURG - Telkom SA, South Africa’s biggest landline provider, said on Monday full-year earnings declined 18.4%, mainly due to a significant rise in the effective tax rate.

Telkom, which also provides ICT solutions, said headline earnings per share for the year ended March fell to 597 cents from 731.4 cents in the previous year.

Headline EPS is the main profit measure in South Africa and strips out certain one-off items.

Group profit after tax declined 19.2% to R3.2 billion ($257.25 million).

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus