HomeChoice, which provides household goods as well as financial services, said on Monday that its headline earnings per share (HEPS) rose 15% to R2.50 in the six months to end-June from the year-earlier period. Group revenue growth was up 16% to R1.5bn, supported by its bigger retail business, as well as FinChoice, a vehicle through which the company provides financial services. The company said in a statement that it added 128,000 new customers, as a result of what it described as an innovation in its homeware textiles category and introduction of additional retail brands. It now sells more than 100 external brands, which contributed 13.3% to the total sales mix, according to the results statement. FinChoice grew revenue 13% to R375m, supported by 30% increase in loan disbursements, as well as insurance revenue. "A notable 86% of loan customers are registered for FinChoice’s digital platforms, underscoring its status as a leading fintech services provider in the mass market," the c...

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