Better activity levels in second quarter for Capital Appreciation
Revenue for the six months ended September was 10.4% higher but operating profit declined 13.9%
03 December 2024 - 09:53
UPDATED 03 December 2024 - 14:21
Fintech group Capital Appreciation (Capprec) is bullish about its full-year prospects after a disappointing start that was marred by uncertainty, resulting in a drop in IT spend.
This, as the group — valued at R2.33bn — reported a slight decline in earnings at the halfway stage of the financial year, but noted an improvement in sentiment with a revitalised interest in the group’s products and services in the second quarter...
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