Filed under: Local News
African Bank Investments Limited (Abil) posted an 11 percent rise in headline earnings a share to R1.25 for the six months to March as price reductions “facilitated” strong growth momentum, the listed microlender said yesterday.
Filed under: Local News
Ellerine had made a quarterly retail loss of R73 million after purchaser African Bank Investments Limited (Abil) had split the business into retail and consumer finance, the microlender said yesterday.
Filed under: Local News
There was no end in sight to the economic downturn, JD Group said yesterday as the furniture retailer’s interim profit fell by half. Computer and gaming sales at its Incredible Connection cash chain were the only silver lining.
Filed under: Opinion/Analysis
The assertion by African Bank Investments Limited (Abil) that its furniture acquisition, Ellerine, made a retail headline loss of R73 million in just three months will get investors in the JD Group and Lewis wondering what the precise retail profitability in those businesses is.
Filed under: Retail
Filed under: Retail
