Capitec flags more than 500% surge in half-year earnings

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.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Business Maverick: Aluminum Surges as Guinea Coup Attempt Fuels Supply ConcernsA unit of Guinea’s military seized power and suspended the constitution, destabilizing a key source of the raw material used to make aluminum.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »