South African-based satellite television service provider, MultiChoice, reported loss-making for the year ended 31 March 2024 after incurring a net loss of 4.1 billion rand, ($225.8 million at current exchange rate).
The company recorded loss for the second year running, its audited accounts released on Wednesday showed.
Shares in the company dropped by 0.25 per cent on the Johannesburg Stock Exchange following the news.
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