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Metair’s headline earnings tank by 56% due to COVID-19

Metair has reported a 56 per cent dive in headline earnings for the year ended December 2020 and a 9 per cent drop in revenue. The company’s profit dropped by 45 per cent due to a hike in costs and impairments. The Board declared a dividend of 75 cents per share for the 2020 financial year. Riaz Haffejee, CEO at Metair joins CNBC Africa for more.


Thu Mar 18 2021 | 20:44:28 GMT+0000 (Coordinated Universal Time)

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