Capco reports loss after merger partner’s share price drops

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Brasil Notícia Notícia

The share price of Shaftesbury, Capco’s partner in an all-share merger, fell more than 40% in 2022

UK landlord Capital & Counties’ profit swung into a loss in its final results before its merger with property group Shaftesbury next week, because of the steep fall in the share price of Shaftesbury in 2022.

The company, valued at R23.58bn on the JSE, saw its profit of £35.5m from its 2021 financial year to end-December turn into a loss of £218m in its 2022 annual results despite a higher gross profit and net rental income...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 TimesLive Premium.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

BUSINESS MAVERICK: Cartoon Tuesday with RicoShare to Facebook Facebook Share to Twitter Twitter Share to Email App Email App Share to WhatsApp WhatsApp Hide Big crime scene,no law enforcement in sight……prophetic pic of what will happen…..nothing!!
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

Putprop expects a big drop in earningsBoth earnings and headline earnings per share will fall for the six-month period
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »