NASPERSN:  230,798   +396 (+0.17%)  17/10/2019 00:00

MultiChoice reports full-year loss

JOHANNESBURG, June 18 (Reuters) - Africa's biggest pay-TV group MultiChoice on Tuesday reported a headline loss in the year to end-March after foreign exchange losses and a charge for a stake disposal.

MultiChoice, spun off by South African e-commerce group Naspers, reported a headline loss per share of 353 cents ($0.2427), compared with headline earnings per share of 410 cents the previous year.

Headline earnings is the main profit measure in South Africa that strips out certain one-off items. ($1 = 14.5455 rand) (Reporting by Emma Rumney. Editing by Jane Merriman)

2019-06-18 16:02:38

© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.