JSE-listed telecommunications and transaction services company Blue Label Telecoms has increased its gross profit by 23% to R2.93-billion and its earnings a share by 20% to 117.13c for the financial year ended May 31. Headline earnings a share increased by 19% to 117.34c and core earnings a share by 18% to 121.01c. The net profit from continuing operations increased by 20% to R1.02-billion.