Curro warns profit may fall about a quarter amid tax effect
The group reversed a deferred tax liability of R53m in the prior comparative period
07 August 2020 - 08:08
Private school group Curro warned on Friday profits may fall more than a quarter in its half-year to end-June, partially due to the result of a tax effect in the prior period.
Headline earnings per share (Heps) is expected to fall between 18% and 28% from the prior period’s 50c, the group said in a trading update. In the prior comparative period, the group had reversed a deferred tax liability of R53m...
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