Richemont profit surges but full-year growth likely 'less exceptional'

2017-11-17 12:55

Luxury goods holding company Richemont has reported 80% growth of its bottom line for the half year, but chair Johann Rupert says growth for the year will not be as “exceptional”.

Cell C reports R588m net loss

2017-11-02 13:38

Mobile network Cell C reported a R588m net loss in its interim results for 2017, its major shareholder Blue Label Telecom has announced

Clicks delivers resilient performance - CEO

2017-10-26 16:21

Clicks' performance was driven by robust health and beauty sales, strong cash generation and enhanced returns to shareholders, says the CEO.

SABC losses could be much more than R977m recorded - AG

2017-10-03 21:40

Corporate executive at the Auditor General Alice Muller says their audit couldn’t determine what the SABC actually owed its creditors because its invoices weren’t captured daily.

SABC posts R977m loss

2017-09-26 18:36

The South African Broadcasting Corporation has posted a R977m loss after tax for the 2016/17 financial year.

SA Express to miss results deadline, must convince AG it can stay afloat

2017-09-13 05:00

Minister of Public Enterprises Lynne Brown has informed Parliament she cannot table the annual report and audited financial statements of SA Express in time.

Comair shows strong profit growth in tough conditions

2017-09-12 12:05

Comair's annual financial results show a 54% increase in profits to R297m and a 28% increase in cash generated by its operations.

African Rainbow Minerals pays highest dividend to date

2017-09-07 12:13

African Rainbow Minerals - chaired by billionaire Patrice Motsepe - has increased headline earnings 204%, its provisional results show.

Sanlam upbeat despite decline in profits

2017-09-07 07:53

Sanlam has remained positive despite recording an 18% drop in headline earnings in its six months to end-June, compared to the previous period in 2016.

Distell results come against challenging backdrop - CEO

2017-08-31 19:27

Distell has delivered solid operational results against a backdrop of recessionary pressure on domestic consumers and global competition, says its MD.


AEEI pleased with record growth in revenue

2017-11-07 11:50

AEEI has increased group revenue by 43% from R736m to R1.052bn during it financial year ending August 31.

African construction boom lures cement giants to circle PPC

2017-10-30 07:03

PPC has reported a loss in its last fiscal year, doesn’t have a permanent chief executive officer and its home market has just come out of recession.

Atlantic Leaf interim results reflect stable environment

2017-10-16 14:20

Mauritius based Atlantic Leaf Properties reports total assets under management of £304m for the 2017 interim results - up 15% from the interim results in 2016.

Capitec banks more earnings as self-service transactions surge

2017-09-27 11:12

Capitec Bank headline earnings for the six months to August 31 2017 have increased to R2.05bn, while the number of self-service transactions rose by 43%.

Zim currency woes to hit Edgars product range

2017-09-25 11:19

Edcon’s Zimbabwe-based clothing retailer Edgars says prevailing foreign currency shortages will impact its product range, particularly in the fourth quarter.

Ascendis earnings up 92% on strong international growth

2017-09-12 16:42

Ascendis Health has reported growth in normalised headline earnings of 92% on increased international sales following the completion of acquisitions in Europe.

Sanlam resilient despite economic climate - director

2017-09-07 16:50

Sanlam's results can be seen as reasonable and resilient against the background of a difficult current economic climate, its financial director tells Fin24.

Spur sales top R7bn as consumer pressure tightens

2017-09-07 11:27

Spur Corporation has grown restaurant sales from continuing operations to R7.2bn in the year to June 2017 as discretionary spending came under pressure.

Mr Price claws back market share while top-end retailers lose out

2017-09-01 14:06

After embarking on a strategy to regain market share, Mr Price is now among the best competitors in the retail market, according to an analyst.

Growthpoint achieves key strategic successes

2017-08-31 19:00

Growthpoint Properties has posted distribution growth of 6.9% per share for its half-year to 30 June 2017, taking its full-year distribution growth to 6.5% per share.

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