The headline earnings of housing and memorial parks developer Calgro M3 jumped just less than a third in its interim results, as the residential property development segment delivered a stronger performance while memorial parks had a tougher time.
Headline earnings, a widely used measure of profit that strips out impairments and one-off items, increased by 33.2% to R69.2m in the six months end-August...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 TimesLive Premium.
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