JSE enjoys surprisingly good year, eyes Asia in search of growth

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

CEO Leila Fourie says their business model proved to be resilient, cash generative and able to adapt quickly during the very difficult year

CEO Leila Fourie says their business model proved to be resilient, cash generative and able to adapt quickly during the difficult yearThe JSE posted growth in full-year earnings for 2020, benefiting from the unprecedented volatility in world markets during the year induced by the rapid spread of the Covid-19 pandemic across the world.

The group increased revenue 13% to R2.5bn and lifted profit after tax by 12% to R778m, which provided more than enough scope to declare an ordinary dividend of R7.25 per share. ..A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.