Alexforbes expects rise in profits
The retirement fund administrator is scheduled to release its results for the year to end-March on June 12
23 May 2023 - 10:20
Alexforbes said it expects its profits to jump when it reports its full-year financial results in June.
The retirement fund administrator said in a statement on Tuesday that headline earnings per share (HEPS) for its total operations are expected to rise 42%-47% to between 47.1c and 48.8c for the 12 months to end-March 2023. HEPS is a profit measure that strips out once off items...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.