Chart of the Week
Adrian GläserMany 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.