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Sasfin delivers 50% increase in heps at interim stage

Published

2006

Thu

02

Mar

 
Press Release: Highlights * Headline earnings per share up 50% to 207,1 cents * Total assets up 22% to nearly R2 billion * Profit after tax up 65% to R61,9 million * Efficiency ratio improved 11% to 56,4% * Return on ordinary shareholders average equity increases to 37,4% * Capital adequacy up to 26% after BEE deal Banking and financial services group Sasfin has delivered excellent results for the six months to 31 December 2005, with headline earnings per share up 50% to 207,1 cents (2004: 138,2 cents), continuing the strong trend in recent reporting cycles.
 
Source: Roland Sassoon,rsassoon@sasfin.com
 
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