JSE-listed Telkom expects a double-digit drop in earnings for the year ended March 31 as restructure costs and one-off Covid-19-related impairments slash headline earnings per share (HEPS) and basic earnings per share (BEPS). HEPS is expected to decrease between 65% and 70% to between 186.2 c and 217.2 c apiece during the year under review, while basic BEPS is expected to plunge 75% to 80% to between 140.9 c and 112.9 c a share.
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