Financial services group MMI Holdings, whose brands include Metropolitan and Momentum, said on Friday that earnings edged higher in the six months ended December, thanks to healthy underwriting results and better earnings from fixed-rate and annuity products.
MMI Group CEO Hillie Meyer said the firm was on track towards its three-year goal of increasing earnings to between R3.6bn and R4bn in the 2021 financial year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bidvest interim earnings up 9.6% despite frail economic backdropThe company says its financial position allows sufficient headroom to advance the group’s strategy.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Nederburg maker Distell lifts earnings, even as sales fallThe company says Nigeria, Kenya, Zambia and Mozambique recorded strong growth ‘as we continue to build our local production and route-to-market across the markets’
Source: BDliveSA - 🏆 12. / 63 Read more »
Attacq lifts distributable earningsBut the group’s net asset value per share fell partly because of impairments against its assets in the rest of Africa
Source: BDliveSA - 🏆 12. / 63 Read more »
Capitec shares fall despite reporting higher earningsHeadline earnings for the year to end-February rose between 17% and 20%, versus 18% a year before Why would the shares fall if they are making more profit?
Source: BDliveSA - 🏆 12. / 63 Read more »
Stadio’s shares jump 13.2% on earnings reportThe education group grew net profit to R77.3m thanks to new brands, and aims to have 100,000 students in its institutions
Source: BDliveSA - 🏆 12. / 63 Read more »
Exxaro expects 2018 earnings to jump higherIt says the increases in earnings were primarily due to once-off transactions incurred in 2017.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Rolfes recovers with solid earnings increaseThe chemical company is pleased with its ‘good progress in a tough environment’ as its pigments and water operations reverse their losses
Source: BDliveSA - 🏆 12. / 63 Read more »
Royal Bafokeng Platinum 2018 earnings down 55.7%The platinum producer says its focus for 2019 will be on achieving strategic objectives through maintaining earnings growth.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Afrox cuts final dividend by more than half as earnings fallThe company says growth in strategic markets, price cost inflation recovery and productivity gains from various efficiency projects have helped mitigate the cost increases
Source: BDliveSA - 🏆 12. / 63 Read more »