Investment holding company Brait, which owns SA’s largest gym chain Virgin Active, says it managed to turn a profit in its year to end-March, boosted by a profitable sale of its Iceland Foods business.
The investment holding company, in which billionaire Christo Wiese still holds a substantial stake, reported its net asset value fell 4.47% to R7.90 year on year to end-March, but was up 2.5% from the end of September...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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