earnings

Africa's largest construction and mining equipment manufacturer, Bell Equipment reported record annual revenues as demand for rose on higher commodity prices. 

Bell Equipment announces 66% profit surge

CNBC Africa sat down with Old Mutual CEO, Iain Williamson for more on the company’s full-year performance. 

Old Mutual CEO talks results, new bank & the year ahead

Regional banking lender I&M Bank has posted double digit profits in its full-year earnings for the period ending December 2023. 

I&M Bank delivers 15% growth in full-year earnings

The much anticipated listing of second hand car dealer, WeBuyCars has moved onto a higher gear. 

Transaction Capital plunges ahead of WeBuyCars listing

Shares of Discovery ebbed between gains and losses as investors reviewed its first half performance. 

Discovery reports 11% jump in HY HEPS 

JSE listed  Remgro's headline earnings decreased by 39.1 per cent, reflecting the global macroeconomic and geopolitical challenges that negatively impacted its portfolio companies. 

Remgro HY HEPS down 39.1%

Poor rail performance and a reversal of record coal prices seen in 2022 and early 2023 weighed heavily on Thungela’s financial performance in 2023 who reported a revenue drop of 40 per cent and headline losses of 73 per cent. 

Thungela’s full-year headline earnings plunge 73%

South Africa’s Sun International reported an 88 per cent jump in headline earnings even as revenue grew 5.5 per cent in 2023, helped by a record performance by its gaming portfolio and SunBet sportsbook brand. 

Sun International FY HEPS climbs 88% 

JSE hikes dividend amid double-digit profit growth, headline earnings were up 12.2 per cent and revenue up 6.2 per cent. Joining CNBC Africa for more is Leila Fourie, CEO, JSE. 

JSE full-year revenue increases 6.2%

Private higher education group STADIO Holdings has reported an 27 per cent increase in profit for the year to end-December due to good growth in new student numbers, even as revenue increased 16 per cent.

STADIO full-year revenue rises 16%

Absa Bank Kenya has reported a solid set of numbers in it’s full year earnings hitting Ksh16.4 billion in net profits with dividend payouts up by 14.8 per cent. 

Absa Bank Kenya posts 12% jump in full-year earnings

Charl de Villiers, CEO, Libstar spoke to CNBC Africa’s Fifi Peters to unpack the numbers further. 

EARNINGS