Cell C shows profit before tax — grows subscribers
Cell C has released its interim results for the six-month period to June 2021, showing a profit before tax and subscriber growth compared to this time last year.
The mobile operator reported a R148-million profit before tax. This is a turnaround in profitability from a R7.6-billion loss reported year-on-year. EBIT increased to R736-million (H1 2020: R5.3-billion loss).
Cell C has released its interim results for the six-month period to June 2021, showing a profit before tax and subscriber growth compared to this time last year.
The mobile operator reported a R148-million profit before tax. This is a turnaround in profitability from a R7.6-billion loss reported year-on-year. EBIT increased to R736-million (H1 2020: R5.3-billion loss).