News Formal

Momentum expects ninefold rise in headline earnings after torrid year

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

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Momentum expects Heps to accelerate up to 875% as it recovers from the pandemic 🔒

Life insurer Momentum Metropolitan is expecting its headline earnings to go up a staggering nine times in its annual results, but was quick to point out that its 2022 year is “not directly comparable” to 2021.

Momentum expects headline earnings per share to accelerate 855%-875% year on year to 295c-301c and normalised Heps 320%-340% to 282c-295c for the year to end-June, the company said on Tuesday...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 Sunday Times Daily.

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 ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

INTERIM RESULTS: Standard Bank reports 33% rise in headline earnings, ploughs billions into ageing IT systemsRecord headline earnings and a multibillion-rand investment in technology are two standout points of Standard Bank’s half-year results. Still not my favourite. Their work ethics, policies and culture sucks.
Source: dailymaverick - 🏆 3. / 84 Read more »