Huge Group expects massive earnings jump

 ·3 Sep 2012
Huge Telecom

Alt-X-listed telecommunications company, Huge Group expects an increase of at least 800% in headline earnings per share (HEPS) for the six months ended August 2012.

In its interim results for the six months ended 31 August 2011, Huge Group posted HEPS and diluted HEPS at 1.09 cents. The group anticipates HEPS of 8.72 cents in 2012.

In its interim results for the same period last year, Huge Group posted and operating profit of R8.567 million for the six months ended 31 August 2011, with ebita at R11.83 million.

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