Capitec

Interim results – Operating profit before tax +6% y/y to R5.9 bn. HEPS +9% y/y to R4.072. Dividend per share +9% y/y to R1.530. The NAV +13% to R39.4bn. The ROE cam in at of 24%. Credit impairments were up +62% to R4.8 bn with the credit loss ratio rising to 4.8% y/y from 3.3%.
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