{"id":27235,"date":"2012-11-23T15:24:21","date_gmt":"2012-11-23T13:24:21","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=27235"},"modified":"2012-11-23T15:33:01","modified_gmt":"2012-11-23T13:33:01","slug":"huge-group-points-to-recovery","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/27235\/huge-group-points-to-recovery\/","title":{"rendered":"Huge Group points to recovery"},"content":{"rendered":"<p><a title=\"Huge Group\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2294-Huge-Group\">Huge Group<\/a>, an Alt-X listed diversified telecoms firm, anticipates\u00a0headline\u00a0earnings per share for the six months ended August 2012,\u00a0will be between 800% and 820% higher\u00a0than 1.09 cents in 2011.<\/p>\n<p>The group advised that earnings per share will be between 240%\u00a0and 260% higher than the earnings per share of 2.80 cents before.<\/p>\n<p>For the six months ended August 2011,\u00a0Huge Group reported revenue of R212.34 million, down from R275.37 million in 2010.<\/p>\n<p>Profit from operations for the six month period in 2011 stood at\u00a0\u00a0R8.566 million.<\/p>\n<p>Huge Telecom is the group&#8217;s principal revenue generator. Total turnover generated in the six months ended August 2011, showed a decrease of 23% to R212.3 million, from the R275.3 million generated during the six months to the end of August 2010.<\/p>\n<p>This was attributable to the loss of a number of high revenue generating, but low profit generating clients.<\/p>\n<p><strong>Related article<\/strong><\/p>\n<p><a title=\"LCR vs. VoIP in the spotlight again\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/11681\/lcr-vs-voip-in-the-spotlight-again\/\"><strong>LCR vs. VoIP in the spotlight again<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/2763\/huge-telecom-primed-for-strong-organic-growth\/\"><strong>Huge Telecom primed for \u2018strong organic growth\u2019<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/2213\/no-telecoms-game-changer-expected-for-2012\/\"><strong>No telecoms game changer expected for 2012?<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Huge Group anticipates that headline earnings per share for the six months ended August 2012, will be between 800% and 820% higher than 1.09 cents in 2011.<\/p>\n","protected":false},"author":10,"featured_media":10775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1764,26,2258,493],"class_list":["post-27235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-alt-x","tag-headline","tag-huge-group","tag-huge-telecom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/27235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=27235"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/27235\/revisions"}],"predecessor-version":[{"id":27241,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/27235\/revisions\/27241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/10775"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=27235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=27235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=27235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}