CMH earnings down 9.6% in tough market conditions

Combined Motor Holdings has reported a 9.6 per cent fall in headline earnings per share, year-on-year, for the 12 months ended February. This, as revenue dropped 23.1 per cent, reflecting a challenging economic environment. The company did declare a dividend, although 43.2 per cent lower than a year ago. Joining CNBC Africa to review those numbers is Jebb McIntosh, CEO at Combined Motor Holdings.

Tue, 04 May 2021 15:47:02 GMT

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.