Capitec, which has transformed itself from a microlender to SA’s biggest bank by customer numbers over the past two decades, has advised shareholders that they can expect a huge earnings increase when it publishes interim results at the end of September.
The Stellenbosch-based lender said in a trading statement on Monday that a reasonable degree of certainty exists that group headline earnings per share , a measure of profitability that excludes one-off items, would be between 3,428c and 3,541c for the six-months to end-August 2021. That would represent an increase of 510%-530% over the 562c per share reported in its corresponding first-half period the previous year...
Congratulations are in order.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dailymaverick - 🏆 3. / 84 Read more »