Capital Appreciation gets boost from Covid-19 demand for digital services
The fintech group increased its interim dividend, but warned that the fallout from the pandemic may affect clients’ spending
02 December 2020 - 07:57
Fintech group Capital Appreciation (Capprec) said that while the Covid-19 pandemic has not left its clients unscathed, growing demand for digital and electronic services helped underpin a double-digit growth in revenue during its half year to end-September.
The escalating demand for digital, cloud-based and data services benefited the group, Capprec said on Wednesday, adding it is also an advantage that much of its revenue is generated from blue-chip, well-capitalised clients. ..
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