a wee dram
CHRIS GILMOUR: Long4Life in for the long haul
Lousy economy no excuse not to perform, says entrepreneur CEO Brian Joffe after a disappointing first half
Lifestyle business investment company Long4Life’s August interim results were slightly down on the comparative period, except for the 20% improvement in revenue to R1.8bn.
Gross profit margin fell from 40.4% to 39.1%, trading margin dropped from 11.6% to 9.6%, and headline earnings per share (Heps) fell 4% to 15.4c.