Transaction Capital upbeat as taxi industry proves defensive

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

In spite of civil unrest and taxi violence, the group says it expects earnings for its year to be above pre-pandemic levels

SA’s biggest taxi financier, Transaction Capital, has flagged a rise in earnings to above pre-pandemic levels, saying though it has taken a hit from taxi violence and civil unrest, the industry remains indispensable to economic productivity.

Growth in headline earnings per share for the year ending September should exceed 2019 levels by about 16%, the group said in a pre-close update, adding it expects to pay a dividend, while its online vehicle business WeBuyCars turned in a better-than-expected performance in its second half...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Words alone won’t express how thankful I’m recommending you all to you shantelll_142 .....,investing with you has been a good opportunity for me and my family I just received my profit of R60,000 within five days of investment shantelll_142

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines