The group is expecting HEPS to have risen as much as 23% in its year to end-December
Private education group AdvTech said on Wednesday that it expects profits to rise by about a fifth in its year to end-December, partially due to gains related to its acquisition of Monash SA.
The acquisition agreement for Monash SA, which is now branded as IIE MSA, contained a settlement of an Australian dollar-denominated loan, but due to a delay between the acquisition effective date and the settlement date, a foreign-exchange gain of R6.2m was realised during the company's half year to end-June.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MTN Nigeria’s profit surges as data use risesSubscriber base grew 10.5% to 64.3-million, with profit before tax jumping 31.1%
Read more »
MTN Nigeria’s profit surges as data use risesSubscriber base grew 10.5% to 64.3-million, with profit before tax jumping 31.1%
Read more »
Gold climbs after Fed cuts rates in reaction to virusSpot gold and US gold futures rise but the cut does little to calm investor nerves
Read more »
SA must be realistic, reduce state wage bill for growth and jobs: Ramaphosa“A large part of the savings will come from reducing the rate at which our wage bill grows.”
Read more »
SA chefs cook up a storm at the culinary OlympicsJust like other sporting codes, the culinary industry also has its Olympics every four years. Londiwe_D
Read more »
Lock, stock and wine barrel: Cruxland GinInternational gins, such as Roku from Japan, are also making their way into SA.
Read more »