Capricorn’s profit up nearly 8%

20 February 2020 | Business

Capricorn Investment Group, the locally-listed group with Bank Windhoek as its flagship brand, made a profit after tax of about N$557.2 million for the six months ended 30 December 2019.
This is an increase of nearly N$40.8 million or 7.9% compared to the same half-year in 2018.
Results released on the Namibian Stock Exchange (NSX) this afternoon show basic earnings per share (EPS) of 99.5c for the period, up 6.4% year-on-year.
Headline earnings per share (HEPS), a gauge for profitability, also came in at 99.5c, up 6.4% y-o-y.
An interim dividend of 30c per share was declared, the same as the first six months in 2018.
Capricorn ended today at N$15.15 per share. The share has shed nearly 0.7% since the end of last year.

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