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Market Watch

Meagre profit growth for Letshego Namibia

2 Months Ago - 2024-03-06 00:00:00

Locally-listed Letshego Holdings Namibia reported a profit after tax of nearly N$353.4 million for the 12 months ended 31 December 2023 – 0.8% down from the previous financial year. Annual results released on the Namibian Stock Exchange (NSX) show a 2.1% drop year-on-year (y/y) in operating profit to N$383.1 million. Headline earnings per share (HEPS), a profitability gauge, amounted to 71c, a decrease of 0.8% y/y. Net asset value (NAV) per share dropped 1.5% y/y and came in at 549c. Letshego Holdings Namibia declared a dividend of 36.38c per share.

Premier League: Sheffield United 0 vs 3 Tottenham Hotspur | Crystal Palace 5 vs 0 Aston Villa | Brentford 2 vs 4 Newcastle | Brighton 0 vs 2 Manchester United | Liverpool 2 vs 0 Wolves | Burnley 1 vs 2 Nottingham Forest | Luton Town 2 vs 4 Fulham | Manchester City 3 vs 1 West Ham | Arsenal 2 vs 1 Everton | Chelsea 2 vs 1 Bournemouth LaLiga: Barcelona 3 vs 0 Rayo Vallecano | Cadiz 0 vs 0 Las Palmas | Granada 1 vs 2 Celta Vigo | Mallorca 2 vs 2 Almería | Atletico Madrid 1 vs 4 Osasuna | Villarreal 4 vs 4 Real Madrid | Valencia 1 vs 3 Girona | Real Betis 0 vs 2 Real Sociedad | Athletic Club 2 vs 0 Sevilla | Deportivo Alaves 1 vs 0 Getafe SerieA: AS Roma 1 vs 0 Genoa | Inter Milan 1 vs 1 SS Lazio | Monza 0 vs 1 Frosinone | Udinese 1 vs 1 Empoli | Sassuolo 0 vs 2 Cagliari | Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion English Championship: Southampton 3 vs 1 West Bromwich Albion Katima Mulilo: 11° | 30° Rundu: 10° | 30° Eenhana: 11° | 31° Oshakati: 13° | 30° Ruacana: 11° | 30° Tsumeb: 14° | 28° Otjiwarongo: 11° | 26° Omaruru: 14° | 29° Windhoek: 11° | 26° Gobabis: 12° | 26° Henties Bay: 20° | 35° Wind speed: 46km/h, Wind direction: NE, Low tide: 07:38, High tide: 14:01, Low Tide: 19:40, High tide: 02:00 Swakopmund: 19° | 27° Wind speed: 21km/h, Wind direction: SE, Low tide: 07:36, High tide: 13:59, Low Tide: 19:38, High tide: 02:00 Walvis Bay: 23° | 34° Wind speed: 23km/h, Wind direction: SE, Low tide: 07:36, High tide: 13:58, Low Tide: 19:38, High tide: 02:00 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 17° | 29° Aranos: 15° | 28° Lüderitz: 19° | 32° Ariamsvlei: 17° | 31° Oranjemund: 14° | 25° Luanda: 24° | 27° Gaborone: 14° | 27° Lubumbashi: 11° | 26° Mbabane: 11° | 23° Maseru: 8° | 25° Antananarivo: 10° | 19° Lilongwe: 13° | 27° Maputo: 18° | 26° Windhoek: 11° | 26° Cape Town: 14° | 19° Durban: 17° | 27° Johannesburg: 15° | 25° Dar es Salaam: 23° | 28° Lusaka: 14° | 25° Harare: 11° | 25° Currency: GBP to NAD 23.07 | EUR to NAD 19.75 | CNY to NAD 2.51 | USD to NAD 18.19 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.79 | USD to AOA 847.42 | USD to BWP 13.47 | USD to EGP 46.58 | USD to KES 130.73 | USD to NGN 1529.85 | USD to ZAR 18.2 | USD to ZMW 25.9 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 425.19/OZ UP +0.20% | Copper US$ 5.03/lb DOWN -0.0053 | Zinc US$ 3 129.30/T UP 2.62% | Brent Crude Oil US$ 83.83/BBP DOWN -0.0027 | Platinum US$ 1 055.33/OZ DOWN -0.0276 Sport results: Premier League: Sheffield United 0 vs 3 Tottenham Hotspur | Crystal Palace 5 vs 0 Aston Villa | Brentford 2 vs 4 Newcastle | Brighton 0 vs 2 Manchester United | Liverpool 2 vs 0 Wolves | Burnley 1 vs 2 Nottingham Forest | Luton Town 2 vs 4 Fulham | Manchester City 3 vs 1 West Ham | Arsenal 2 vs 1 Everton | Chelsea 2 vs 1 Bournemouth LaLiga: Barcelona 3 vs 0 Rayo Vallecano | Cadiz 0 vs 0 Las Palmas | Granada 1 vs 2 Celta Vigo | Mallorca 2 vs 2 Almería | Atletico Madrid 1 vs 4 Osasuna | Villarreal 4 vs 4 Real Madrid | Valencia 1 vs 3 Girona | Real Betis 0 vs 2 Real Sociedad | Athletic Club 2 vs 0 Sevilla | Deportivo Alaves 1 vs 0 Getafe SerieA: AS Roma 1 vs 0 Genoa | Inter Milan 1 vs 1 SS Lazio | Monza 0 vs 1 Frosinone | Udinese 1 vs 1 Empoli | Sassuolo 0 vs 2 Cagliari | Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion English Championship: Southampton 3 vs 1 West Bromwich Albion Weather: Katima Mulilo: 11° | 30° Rundu: 10° | 30° Eenhana: 11° | 31° Oshakati: 13° | 30° Ruacana: 11° | 30° Tsumeb: 14° | 28° Otjiwarongo: 11° | 26° Omaruru: 14° | 29° Windhoek: 11° | 26° Gobabis: 12° | 26° Henties Bay: 20° | 35° Wind speed: 46km/h, Wind direction: NE, Low tide: 07:38, High tide: 14:01, Low Tide: 19:40, High tide: 02:00 Swakopmund: 19° | 27° Wind speed: 21km/h, Wind direction: SE, Low tide: 07:36, High tide: 13:59, Low Tide: 19:38, High tide: 02:00 Walvis Bay: 23° | 34° Wind speed: 23km/h, Wind direction: SE, Low tide: 07:36, High tide: 13:58, Low Tide: 19:38, High tide: 02:00 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 17° | 29° Aranos: 15° | 28° Lüderitz: 19° | 32° Ariamsvlei: 17° | 31° Oranjemund: 14° | 25° Luanda: 24° | 27° Gaborone: 14° | 27° Lubumbashi: 11° | 26° Mbabane: 11° | 23° Maseru: 8° | 25° Antananarivo: 10° | 19° Lilongwe: 13° | 27° Maputo: 18° | 26° Windhoek: 11° | 26° Cape Town: 14° | 19° Durban: 17° | 27° Johannesburg: 15° | 25° Dar es Salaam: 23° | 28° Lusaka: 14° | 25° Harare: 11° | 25° Economic Indicators: Currency: GBP to NAD 23.07 | EUR to NAD 19.75 | CNY to NAD 2.51 | USD to NAD 18.19 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.79 | USD to AOA 847.42 | USD to BWP 13.47 | USD to EGP 46.58 | USD to KES 130.73 | USD to NGN 1529.85 | USD to ZAR 18.2 | USD to ZMW 25.9 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 425.19/OZ UP +0.20% | Copper US$ 5.03/lb DOWN -0.0053 | Zinc US$ 3 129.30/T UP 2.62% | Brent Crude Oil US$ 83.83/BBP DOWN -0.0027 | Platinum US$ 1 055.33/OZ DOWN -0.0276