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.
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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.
Shares in Mustek leapt by more than 13% on Monday after it told shareholders that its headline earnings per share would more than double in the six months ended 31 December 2020.
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Alviva Holdings said on Wednesday that it’s full-year headline earnings will fall by more than 50%, though it said its prospects have improved since a disappointing set of interim results earlier this year.