Telecommunications company DataPro, listed on the JSE`s Alternative Exchange, expects its earnings to have improved in its year-end financial results.
The company`s earnings per share are "reasonably" expected to be between 70% and 90% higher, while headline earnings per share are expected to be 30% to 50% higher, it said.
DataPro attributed the higher earnings to "the increase in annuity income from both organic and acquisitive growth of the data business, as well as the positive contribution of the Definity Telecommunications acquisition to the voice business".
In the previous period, the company reported earnings per share of 2.1c and headline earnings per share of 2.5c.
By 3:30pm yesterday, the company`s shares were changing hands at 69c, unchanged from Tuesday`s close. Its 12-month high is 79c a share and its 12-month low is 45c a share.
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