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Revenue of
R18.9 billion*
Increase in gross profit of 19% to
R3.48 billion
(2022: R2.93 billion)
Core headline earnings per share**
45.55 cents per share
(2022: 121.01 cents per share)
Increase in gross profit margin from
16.46% to 18.41%
Successful conclusion of the Cell C recapitalisation transaction in September 2022
GROUP RESULTS
Core headline earnings for the year ended 31 May 2023 amounted to R402 million, equating to core headline earnings of 45.55 cents per share.
In the comparative year, core headline earnings amounted to R1.061 billion, equating to core headline earnings of 121.01 cents per share.
DETAILED COMMENTARY