Namibia: Bidvest Namibia Profits Plunge

BIDVEST Namibia says it anticipates basic earnings per share (EPS) and headline earnings per share (HEPS) for the half-year ended 31 December 2016 to be down between 77% and 82% on the corresponding period in 2015.

The decline in EPS and HEPS was mainly due to losses incurred in the group's fishing division, the company said in a statement on the Namibian Stock Exchange (NSX) yesterday.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.