Subscribe & Follow
Advertise your job vacancies
Trending
Show more
Jobs
- Customer Service Associate Johannesburg
Absa makes R4,6 billion in just six months
Absa has increased its headline earnings by 19% to R4,595 billion for the six months to June providing diluted headline earnings per share of 638,5 cents, according to a report published in Times Live recently.
The group has declared an interim dividend of 292 cents. The 75% increase in Retail Banking's headline earnings was the principal reason for the group's growth.
Times Live quotes Absa as saying that despite indications that the South African economy is improving, the operating environment [for banks] was expected to remain challenging and that sector revenue growth was likely to be subdued.
Read more:
