Mustek has continued its robust financial performance, on Wednesday reporting growth in interim headline earnings per share of 17.3%.
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The entire computer component supply chain remains severely constrained and will likely stay that way throughout the rest of the year, Mustek has warned.
MTN Group had a barnstorming 2021. The telecommunications group, despite its size, was the best performer among technology shares in South Africa last year.
Mustek has reported a 248% leap in full-year headline earnings per share, hiked its dividend per share by 246% and said revenue climbed by more than a quarter to over R8-billion.
JSE-listed technology group Mustek has built on the blowout results it reported in the six months to 31 March 2021 and has said the full-year number will be even more impressive.
IT distributor and PC assembler Mustek said on Friday that the financial losses associated with the ransacking of and arson at its Durban office will not exceed R20-million.
Photos have emerged of the damage caused to IT distributor Mustek’s offices in Durban, which were torched by a gang of marauding criminals on Monday.
Samsung Electronics, LG Electronics and Mustek have been heavily impacted by the ongoing lawlessness in KwaZulu-Natal, with Samsung’s distribution centre in Cato Ridge attacked by looters.
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Technology group Mustek has reported a stellar, 166.7% jump in headline earnings per share in the six months ended 31 December 2020 on revenue that rose 23.7% to R3.7-billion.