August 8, 2018 / 5:22 AM / 3 months ago

South Africa's MTN H1 profit down 7 percent

JOHANNESBURG, Aug 7 (Reuters) - MTN Group, Africa’s biggest mobile operator, reported a 7 percent decline in half-year profit on Wednesday due to a lower contribution from associates and joint ventures.

Headline EPS, the primary measure of profit in South Africa that excludes certain one-off items, came in at 215 cents in the six months through June compared with 231 cents a year earlier. (Reporting by Tiisetso Motsoeneng Editing by Ed Stoddard)

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