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<p>Mpact&#8217;s gross profit slid 4.9 per cent year-on-year. The loss in gross profit &#8211; directly attributable to the Covid-19 lockdowns &#8211; is estimated to be R70 million for the full year. As localisation trends accelerate, Mpact says it will work closely with its customers and develop new markets for its products. Mpact CEO, Bruce Strong joins CNBC Africa for more.</p>


Mpact delivers resilient performance amid pandemic shocks

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<p>Momentum has recorded a 44 per cent drop in headline earnings per share year-on-year, for the first half of its 2021 financial year. The insurer’s earnings were dampened by the Covid-19 second wave. Momentum increased its Covid-19 provision by an additional R655 million. Momentum CEO, Hillie Meyer joins CNBC Africa for more.</p>


Momentum sees 44% drop in headline earnings as pandemic weighs

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<p>Liberty swung to a loss in the year ended December, after posting a profit in the previous comparable period. Total death and disability claims paid during 2020 increased by 11.4 per cent. A pandemic reserve of R3 billion that was established last year, has been re-assessed, resulting in a marginal increase of R73 million before tax. Liberty CEO, David Munro joins CNBC Africa for more.</p>


Liberty swings into loss amid COVID-19 hit

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<p>Santam’s headline earnings per share fell 47 per cent for the year ended December 2020.  At the year end, the insurer raised R2 billion contingent business interruption claims provisions, in addition to R1 billion interim relief payments during August. Santam CEO, Hennie Nel joins CNBC Africa for more.</p>


Santam reports 47% plunge in headline earnings

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<p>FNB’s normalised profit before tax saw a decline of 19 per cent year-on-year, for the six months ended December. Non-performing loans climbed by 26 per cent, as some customers continued to be impacted by economic strain. The bank posted a record 6 million digitally active customers. FNB CEO, Jacques Celliers joins CNBC Africa for more.</p>


FNB well-positioned for strong recovery despite COVID-19 headwinds

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

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<p>FirstRand has reported a 20 per cent drop in basic and diluted headline earnings per share, for the half year ended December 2020. The group says there was a profound difference in operating environments period-on-period, due to the elevated credit impairment charge caused by Covid-19 difficulties. In addition, the continued impact of the weak operating environment on arrears and non-performing loans. FirstRand CEO, Alan Pullinger joins CNBC Africa for more.</p>


Firstrand CEO sees greens shoots of economic recovery for SA

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<p>Murray &#038; Roberts reported a diluted continuing headline loss per share of 8 cents for the six months ended December. This is from a 49 cents profit in the previous comparable period. The company says its results were negatively affected by prolonged Covid-19 restrictions. Henry Lass, CEO at Murray &#038; Roberts joins CNBC Africa for more.</p>


Murray & Roberts CEO: Here’s how to look at the results

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<p>African Rainbow Minerals has seen a 134 per cent jump in headline earnings, year-on-year, for the six months ended December 2020. The performance was underpinned by higher metal prices, coupled with a weaker rand. Mike Schmidt, CEO of African Rainbow Minerals joins CNBC Africa for more.</p>


ARM’s headline earnings surge 134%

ARM’s headline earnings surge 134%, looks to double PGM portfolio

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<p>Brimstone&#8217;s headline loss per share has widened 13.5 per cent. The investment holding company incurred Covid-19 related expenditure of approximately R40 million during the year under review. The company has repaid more than R1 billion in debt. Brimstone CEO, Mustaq Brey joins CNBC Africa for more.</p>


Brimstone CEO on how the business is responding to COVID-19 headwinds

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<p>Sasfin was not immune to the effects of the COVID-19 pandemic. It has reported 65.8 per cent decrease in headline earnings for the year ended December 2020.The bank’s revenue also took a dive of 1.5 per cent. Sasfin CEO, Michael Sassoon joins CNBC Africa for more.</p>


Sasfin reports 65.8% decline in headline earnings due to COVID-19

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<p>Spur’s headline earnings per share slumped 74.6 per cent for the six months ended December. COVID-19 trading restrictions in all countries of operation had a material impact on the business’ performance. Spur CEO, Val Nichas joins CNBC Africa for more.</p>


COVID-19: Spur faces tough road to recovery amid third-wave fears

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<p>The increase in DIY activity as most of us have been home during the lockdown has scored much for Cashbuild.</p>


Cashbuild shares leap higher on strong earnings

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<p>Coming out with its results today, Bidvest reported that trading profit growth was enhanced by the consolidation of PHS, the leading hygiene service provider in the UK. One of the factors that contributed positively to the company&#8217;s results is good demand for hygiene services. Bidvest CEO, Mpumi Madisa joins CNBC Africa for more.</p>


Bidvest CEO discusses company earnings

Bidvest CEO discusses company earnings, acquisition plans & COVID-19 vaccination

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<p>RCL Foods has reported a 12 per cent climb in headline earnings per share year-on-year, for the six months ended December. Positive contributors were the Sugar, Baking and Vector Logistics segments. The chicken division’s performance was negatively impacted. CNBC Africa’s Zinathi Gquma spoke with Miles Dally, CEO at RCL Foods.</p>


RCL’s earnings up 12%

RCL’s earnings up 12%, driven by group’s sugar & baking businesses

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<p>Hyprop has reported a 65 per cent drop in headline earnings per share year-on-year, for the six months ended December.</p>


COVID-19: Hyprop sees 65% decline in headline earnings

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<p>Releasing its annual results today, Sea Harvest reported a 2 per cent rise in basic headline earnings per share. This is compared to the previous comparable period. While retail markets have benefited due to an increase in in-home consumption, foodservice markets have seen a slowdown. Felix Ratheb, CEO at Sea Harvest joins CNBC Africa for more.</p>


Sea Harvest CEO: Results show resilience in a difficult time

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<p>Now if there is one company to keep a close eye on, it’s Steinhoff. The company which was somewhat marred by controversy in 2017, seems to be fighting to get back up. The company has been selling assets to try quash its debt to claimants after the company was embroiled in an accounting fraud scandal. Steinhoff CFO, Theodore de Klerk joins CNBC Africa for more.</p>


earnings per share

Mpact delivers resilient performance amid pandemic shocks

Momentum sees 44% drop in headline earnings as pandemic weighs

Liberty swings into loss amid COVID-19 hit

Santam reports 47% plunge in headline earnings

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

Firstrand CEO sees greens shoots of economic recovery for SA

Murray & Roberts CEO: Here’s how to look at the results

ARM’s headline earnings surge 134%, looks to double PGM portfolio

Brimstone CEO on how the business is responding to COVID-19 headwinds

Sasfin reports 65.8% decline in headline earnings due to COVID-19

COVID-19: Spur faces tough road to recovery amid third-wave fears

Cashbuild shares leap higher on strong earnings

Bidvest CEO discusses company earnings, acquisition plans & COVID-19 vaccination

RCL’s earnings up 12%, driven by group’s sugar & baking businesses

COVID-19: Hyprop sees 65% decline in headline earnings

Sea Harvest CEO: Results show resilience in a difficult time

Steinhoff: Is bankruptcy off the table?

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earnings per share

Mpact delivers resilient performance amid pandemic shocks

Momentum sees 44% drop in headline earnings as pandemic weighs

Liberty swings into loss amid COVID-19 hit

Santam reports 47% plunge in headline earnings

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

Firstrand CEO sees greens shoots of economic recovery for SA

Murray & Roberts CEO: Here’s how to look at the results

ARM’s headline earnings surge 134%, looks to double PGM portfolio

Brimstone CEO on how the business is responding to COVID-19 headwinds

Sasfin reports 65.8% decline in headline earnings due to COVID-19

COVID-19: Spur faces tough road to recovery amid third-wave fears

Cashbuild shares leap higher on strong earnings

Bidvest CEO discusses company earnings, acquisition plans & COVID-19 vaccination

RCL’s earnings up 12%, driven by group’s sugar & baking businesses

COVID-19: Hyprop sees 65% decline in headline earnings

Sea Harvest CEO: Results show resilience in a difficult time

Steinhoff: Is bankruptcy off the table?

News Tips

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