Financial services group Sasfin Holdings has advised shareholders to expect a significant drop in earnings when it releases its delayed annual results next week.
The group, which has banking and asset management operations, said in a brief statement headline earnings per share are expected to be between 313c and 383c for the year to end June, a fall of about 15.7% to 31%. Earnings per share will fall about 27% to 41%, from about 510c, with it saying prior results will be affected by"certain restatements," with further details to be provided when it releases its results on 31 October.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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