Nigeria, June 12 -- South Africa's cable television operator MultiChoice Group plotted its path back to profitability in the year ended 31 March 2025 after cutting back the foreign exchange translation losses that tipped the company into a loss a year earlier by 82.6 per cent.

Shares in the company rose marginally by 0.2 per cent in Johannesburg, following the earnings release.

MultiChoice posted an after-tax profit of 1.8 billion rand, compared to a loss after tax of 4.1 billion rand in the preceding year, its audited annual report issued on Wednesday showed, despite a drop in revenue.

The satellite television service provider reported a loss for the year ended 31 March 2024 after its financials took a hit from net foreign exchange tr...