JOHANNESBURG (Reuters) – South African lender Absa said on Wednesday its profits for the six months to June 30 could plunge by as much as 97% as the impact of the coronavirus crisis dents its performance.
Absa said its headline earnings per share – the main profit measure in South Africa – for the six months to June 30 would fall by between 92% and 97% compared to the 920 cents it reported a year earlier.
(Reporting by Emma Rumney; Editing by Promit Mukherjee)
© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters
or its third party content providers. Any copying, republication or redistribution of Reuters content, including
by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon.
"Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.