June 10, 2020 / 11:56 AM / a month ago

S.African pay-TV firm MultiChoice reports first full-year profit

JOHANNESBURG, June 10 (Reuters) - Africa’s largest pay-TV group MultiChoice on Wednesday reported its first full-year profit as a stand-alone firm after being spun off from parent Naspers last year.

The company said its headline earnings per share - the main profit measure in South Africa - stood at 128 cents ($0.0774), verses a loss of 353 cents a year earlier. ($1 = 16.5467 rand) (Reporting by Emma Rumney; Editing by Promit Mukherjee)

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