SOUTH African retail magnate Christo Wiese’s offshore investment holding company Tradehold achieved 20% growth in its headline earnings per share, and 9% growth in its net asset value per share during the year to February, as the company expanded its operations in the UK and Africa.Tradehold said in a stock exchange news announcement on Tuesday that it was on course to continue its strong growth path in its 2017 financial year.During the reporting period, Tradehold’s total assets grew 54% to £319m, while revenue increased 38% to £28.7m, and total profit attributable to shareholders by 82% to £14.3m. Total group profit included a £4.6m gain in the fair-value adjustment of its investment properties.The majority of Tradehold’s assets are in real estate. It also owns assets in the financial services sector. UK property is the dominant component of Tradehold’s business, which is held through a 95% interest in the Moorgarth Group.In Africa, it has 100% ownership of Tradehold Africa.Its fi...
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