Deneb Investments Limited Announces Consolidated Earnings Results for the Year Ended March 31, 2019
Deneb Investments Limited announced consolidated earnings results for the year ended March 31, 2019. For the year, the company reported revenue of ZAR 2,955,836,000 compared to ZAR 2,546,771,000 a year ago. Operating profit before fair value adjustment of investment properties was ZAR 149,468,000 compared to ZAR 109,030,000 a year ago. Operating profit before finance costs was ZAR 162,336,000 compared to ZAR 152,745,000 a year ago. Profit after tax was ZAR 31,247,000 compared to ZAR 114 416,000 a year ago. Basic loss per share was 10.53 cents compared earnings of 1.89 cents a year ago. Basic earnings per share from continuing operations were 7.58 cents compared to 27.09 cents a year ago. Diluted loss per share was 10.28 cents compared to earnings of 1.88 cents a year ago. Diluted earnings per share from continuing operations were 7.40 cents compared to 26.95 cents a year ago.