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Shares in JSE-listed technology company Mustek leapt higher on Wednesday after it told shareholders it expects full-year headline earnings per share to be as much as 38% higher than a year ago.
Shares in Mustek climbed in early trade on Tuesday after the ICT company said it expects headline earnings per share to rise by as much as 25% in the six months ended 31 December 2018.
Despite South Africa’s economic malaise, technology distribution and services group Alviva Holdings has increased headline earnings per share by 12% for the year ended 30 June 2018.
Listed IT distributor Mustek said on Thursday that it expects headline earnings per share to be as much as a third higher in the year to 30 June 2018. The share price rose.
Mustek has hiked headline earnings per share by 55.5% in the six months to 31 December 2017, though revenue climbed by only 1.5% to R2.6bn. The slower revenue growth was due to a decision to reduce supply of
JSE-listed technology company Mustek said on Friday that its interim headline earnings per share will jump by as much as 60%. In late January, the company, which assembles its own PCs under
Mustek has reported a 5.7% increase in full-year headline earnings per share and an impressive 30.7% improvement in net cash generated from operations, though slow spending by government has put pressure