Chart of the Week
Adrian Gläser
Many locally listed companies are set to publish their results in the coming weeks. Letshego Holdings Namibia Ltd (LHN) kicked off the results season on 6 August, publishing its interim results and reporting profits of N$248.5 million for the six months ended 30 June. This is the highest interim profit achieved by LHN to date and represents a 24.6% increase compared to the previous year. SBN Holdings Ltd published its interim results on 12 August with a 10.1% increase in profits over the comparable period, also its highest on record at N$557.0 million for the six months. Oryx Properties is set to release its full-year results on 11 September, and Paratus Namibia Holdings Ltd will close off the results season with publication expected on 25 September.*Adrian Gläser is an equity associate at Cirrus.
Many locally listed companies are set to publish their results in the coming weeks. Letshego Holdings Namibia Ltd (LHN) kicked off the results season on 6 August, publishing its interim results and reporting profits of N$248.5 million for the six months ended 30 June. This is the highest interim profit achieved by LHN to date and represents a 24.6% increase compared to the previous year. SBN Holdings Ltd published its interim results on 12 August with a 10.1% increase in profits over the comparable period, also its highest on record at N$557.0 million for the six months. Oryx Properties is set to release its full-year results on 11 September, and Paratus Namibia Holdings Ltd will close off the results season with publication expected on 25 September.*Adrian Gläser is an equity associate at Cirrus.
