Coronation flags 30% earnings rise despite flat second-half AUM

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

México Noticias Noticias

Coronation Fund Managers’ assets under management rose just 0.8% in the second half of its financial year

Coronation Fund Managers has advised shareholders to expect an earnings rise of up to 30% when it releases its annual results in November, despite its assets under management barely growing in the second half of its financial year.

The Cape Town-based fund manager said in a Thursday trading statement that earnings per share, headline earnings per share and diluted headline earnings per share for the fiscal year ended September 30, were expected to rise 20%-30% to between 478.2c and 518.1c per share, compared to the corresponding period the previous year. Coronation said those earnings included the net impact of unrealised fair-value gains of 17c per share, up from 15.4c per share in the prior year...

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in MX

México Últimas Noticias, México Titulares