
South Africa's MultiChoice swings to full-year loss
JOHANNESBURG, June 11 (Reuters) - South African pay television company MultiChoice (MCGJ.J), opens new tab swung to a full-year headline loss as it contended with the ongoing "unprecedented" financial strain on economies, corporates and consumers across the continent.
MultiChoice, which is a takeover target of France's Canal+ (CAN.L), opens new tab, reported on Wednesday an adjusted core headline loss of 800 million rand ($45.13 million) in the year ended March 31, from headline earnings of 1.3 billion rand a year earlier.
($1 = 17.7281 rand)
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