Blue Label Telecoms First Half 2024 Earnings: EPS: R0.46 (vs R0.087 loss in 1H 2023)

Blue Label Telecoms (JSE:BLU) First Half 2024 Results

Key Financial Results

• Revenue: R7.45b (down 23% from 1H 2023).
• Net income: R406.4m (up from R76.9m loss in 1H 2023).
• Profit margin: 5.5% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses.
• EPS: R0.46 (up from R0.087 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Blue Label Telecoms shares are down 4.2% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Blue Label Telecoms, and understanding it should be part of your investment process.

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