Cell C more exciting than Vodacom and MTN
- Cell C's financial results show a return to profit, with a R3.36 billion profit after reversing a R149.2 million loss from the previous period.
- Cell C's expenses grew faster than its revenue, and it reported negative working capital, with a current ratio of 0.579:1, significantly worse than its sector peers.
- Several analysts remain positive about Cell C, despite its challenges, and are looking forward to the company's annual results in August, which could provide further insight into its financial health.
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