FilingReader Intelligence
Telkom expects significant profit growth driven by Swiftnet sale
June 2, 2025 at 09:01 PM UTC•By FilingReader AI
Telkom SA SOC Limited (JSE:TKG) has released an updated trading statement, projecting substantial growth in basic earnings per share (BEPS) and headline earnings per share (HEPS) for the year ended March 31, 2025. This positive outlook is largely attributed to the disposal of Telkom's 100% equity shareholding in Swiftnet, effective January 31, 2025, which is expected to contribute an estimated R4.347 billion after tax profit.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
JSE:TKG•Johannesburg Stock Exchange
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