Capitec expects first-half earnings to rise up to 35%
12 July 2024 - 11:45
UPDATED 14 July 2024 - 17:23
Capitec Bank Holdings expects to report higher earnings for the first half of the financial year due to lower credit loss ratios and as net transaction and commission income, including value-added services, contributing to strong growth in nonlending income.
The group’s headline earnings per share for the six months ending August are expected to be R50.90-R54.97, an increase of 25%-35% from the R40.72 reported a year ago...
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