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
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.