Mobile services provider MTN said in a trading statement on Friday that it expects an increase of between 38% and 43% in basic headline earnings per share (HEPS) for the year to end December 2008 against the same period last year.<\/p>\n
It also expects an increase of between 29% and 34% in adjusted headline earnings per share for the year ended December.<\/p>\n
Attributable earnings per share for the year ended December 2008 are expected to increase by between 39% and 44% against that reported in the previous corresponding period.<\/p>\n
MTN said: "Shareholders are also advised that the above earnings numbers are further enhanced by the unrealised forex gains on loans to certain operations and that the actual effective tax rate is expected to be higher than originally anticipated."<\/p>\n
MTN shares closed at R83.90 on Friday, down R3.70 or 4.22%. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
MTN said in a trading statement on Friday that it expects an increase of between 38% and 43% in basic headline earnings per share<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-7031","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/7031"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=7031"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/7031\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=7031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=7031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=7031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}