Namibian telecommunications company, Paratus Namibia Holdings Limited (PNH), has issued a trading statement indicating significant anticipated growth in its unaudited interim results for the period ended 31 December 2023.
Anticipated Financial Performance
According to the statement released on 5 March 2024, PNH expects the following key financial metrics to exhibit substantial improvements compared to the same period in 2022:
| Metric | Anticipated Change |
|---|---|
| Headline Earnings per Share (HEPS) | More than 30% |
| Basic Earnings per Share (BEPS) | More than 30% |
| Revenue | 10% – 30% |
| Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) | More than 30% |
Factors Driving Growth
The anticipated growth in earnings and revenue is attributed to the company’s increased profitability, which stems from both revenue growth and the effective containment of operating expenses.
Conclusion
With the anticipated substantial growth in key financial metrics, PNH demonstrates its resilience and strategic management in navigating the telecommunications landscape. Shareholders eagerly await the publication of the company’s unaudited results to assess the extent of its performance in the period under review.
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