JOHANNESBURG (Reuters) – South African pay television company MultiChoice Group on Tuesday reported a 99% fall in half-year profit.
The owner of DStv said its adjusted core headline earnings per share – the board’s measure of the underlying performance of the business – for the six months ended Sept. 30 fell to 2 cents per share from 356 cents per share reported a year earlier.
(Reporting by Sfundo Parakozov; Editing by Tannur Anders and Jan Harvey)