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.
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Alexander Forbes expects profit fall after sale of insurance businessGroup says despite focus on cost containment it is feeling effects of reduced earnings base
Source: BDliveSA - 🏆 12. / 63 Read more »
Alexander Forbes expects profit fall after sale of insurance businessGroup says despite focus on cost containment it is feeling effects of reduced earnings base
Source: BDliveSA - 🏆 12. / 63 Read more »