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Putprop expects a big drop in earnings

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Both earnings and headline earnings per share will fall for the six-month period

JSE-listed property investment company Putprop expects a decrease in headline earnings per share for the six months to end-December.

Heps will decline by between 51% and 31% to 21.20c and 29.84c, compared with 43.24c during the same period in 2021, the company said in a trading statement 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 TimesLive Premium.

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