Vodacom reports 9% half-yearly profit decline, declares dividend

[Jan]

Vodacom profits drop

Vodacom has reported a 9% decline in half-yearly net profit compared to last year, from R8.9 billion to R8.1 billion.

The mobile operator released its interim results for the period 1 April to 30 September 2022 on Monday, reporting revenue increases but a decrease in profits.