By Tracy Burrows, ITWeb contributor.
Johannesburg, 29 Sept 2005
Altech has improved its headline earnings per share by 15.3% to 181c for the half-year ending 31 August.
The company`s interim financial results for the six months ended 31 August show revenue increased 11% to R2.933 billion, with operating income of R250 million.
In issuing its financial report yesterday, it noted that "subsequent to the results for the period ended 31 August 2005, Altech has successfully concluded the sale of its 50% in Econet Wireless Global, effective 1 September 2005, for a consideration of $87.5 million."
The sale had no effect on the interim report.
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