Altron to report significant surge in earnings

JSE-listed Allied Electronics (Altron) expects its basic earnings per share (BEPS) to increase more than 100% for the year-ended February 28 owing to the Bytes Technology Group demerger in December. Altron expects its BEPS to be between 3 256c and 3 270c apiece, compared with the restated BEPS of 175c reported in the prior corresponding period.

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