Grand Parade expects headline loss to narrow in 2022
The investment holding firm withdrew from three companies in its latest financial year
26 September 2022 - 15:12
Grand Parade Investments (GPI) expects its headline loss to fall when it publishes its 2022 results on Friday, the investment holding company said in a trading statement, after a year in which it withdrew from three companies and placed one in liquidation.
The R1.4bn group expects its headline loss per share, a widely used measure that strips out impairments and one-off items, to narrow by 36.4%-56.3% year on year to 2.75c-4c in the year end-June, it said in a trading statement on Monday...
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