Alexander Forbes expects profit fall after sale of insurance business

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Group says despite focus on cost containment it is feeling effects of reduced earnings base

Pension fund administrator Alexander Forbes says it expects headline profit to fall by more than R230m in its year to end-March, with the group feeling the effects of lost earnings after the sale of its SA insurance business.

Total headline earnings per share is expected fall as much as 65% to end-March, the group said in a trading update...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités