Despite having experienced different impacts to its business units as a result of Covid-19 and the related lockdown, JSE-listed telecommunications company Telkom still came out of the first half of its financial year with improved profitability, strong liquidity and a strengthened balance sheet. The company incurred R81-million in pandemic-related expenses since the beginning of South Africa’s national lockdown on March 26 and up to September 30 − the end of its interim period.
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