13 October 2020 1 Min Read
News Leader
WATCH: Why Balwin’s profit plunged
Balwin Properties CEO Steve Brookes talks to Business Day TV about the group’s full-year results
Balwin Properties CEO Steve Brookes celebrates the company’s listing on the JSE in October 2015. Picture: SUPPLIED
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Lockdown regulations have weighed on Balwin. The property group had to put construction activity on hold in March and it picked up again only in June.
As a result, interim revenue fell by 35%, but Balwin has still declared a dividend on 19.6c per share.
Business Day TV spoke to Balwin CEO Steve Brookes to discuss the results.
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