EasyEquities owner Purple Group expects full-year profit to soar
Headline earnings per share in the year to end-August will increase more than threefold, group says
Financial services firm Purple Group expects its full headline profit for the year to surge more than threefold, thanks to its low-cost investment platform EasyEquities, which has grown in popularity among retail investors.
The platform, started in 2014, allows investors to buy fractional ownership of shares listed on the JSE and the New York Stock Exchange and now has a million users. ..