Headline earnings per share decreased by 94 percent to R296-million, Discovery said.thanks to the pandemic's toll on the local and global economy and operations.
But the company's core new business grew by five percent to almost R20-billion while operating profit was also up by nine percent. This was however taking into account COVID-19 impacts.Discovery warns of decline in profitsThe company says its bank’s performance is pleasing, with over 370,000 accounts at end of June and deposits of over R2-billion.
The group has also set aside R3.4-billion to cater for future COVID-19-related claims and policy lapses.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Discovery Bank opens new front in the battle for market shareThe group will begin using its formidable broker network to market the behavioural bank
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »