Host of JSE stocks up profits; Mitsubishi hit with R18bn in damages over US crash

  • 📰 News24
  • ⏱ Reading Time:
  • 26 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 80%

€ £ أخبار

Investing

Business brief | Host of JSE stocks up profits; Mitsubishi hit with R18bn in damages over US crash

In a busier day for corporate news, happily a list of companies - including Lesaka, KAL, enX, Sappi, and Pan African Resources - reported profit growth, or improved losses. In international news, Mitsubishi Motors has been hit for R1 billion in damages over a US car crash, though it intends to appeal.said on Thursday its net loss improved about 27% to R76.4 million in its third quarter to end-March, with revenue picking up 9% to R2.6 billion.

Sales in its much bigger merchant division grew 8%, boosted by an increase in prepaid airtime vouchers sold and other value-added services provided, which was partially offset by a lower number of hardware sales in its POS hardware distribution business. The group also managed to book positive operating income of R15 million, from a loss of R33 million previously. Lesaka surged 12% on Thursday and has risen by about 30% in the past year. On Thursday,to pick up payments firm Adumo for R1.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 4. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

5 Top JSE listed African Telcos and their CEOs Earnings5 Top JSE listed African Telcos and their CEOs Earnings
مصدر: ITNewsAfrica - 🏆 27. / 59 اقرأ أكثر »

WeBuyCars flags double-digit jump in core earningsAfter unbundling from holding company Transaction Capital and listing separately on the JSE earlier this month.
مصدر: Moneyweb - 🏆 5. / 77 اقرأ أكثر »