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Johannesburg - South African telecommunications group Altech on Thursday reported that its diluted headline earnings per share for the year ended February 2009 were 547 cents, up 11% from the 494 cents reported the previous year.
The group declared a dividend of 323 cents, which was 12% higher than the 288 cents from the previous year.
Revenue was up 32% at R9.2bn from R8.2bn before.
Operating profit for the year was 32% higher at R874m.
"These results highlight the continued globalisation of Altech, particularly the progress made in the East African broadband and value-added network services markets," the group said.
"They also reflect steady progress towards our strategic objective of increasing our presence in the African broadband market."
Altech said it was now well positioned to capitalise on the sustained growth projected for broadband technology in Africa, across multiple technologies, services and geographies.
- I-Net Bridge