Grand Parade Investments

FY Results – GPI reported a headline profit of R11m +180% y/y. Revenue from continuing operations (consisting primarily of dividends received from the Spur Corporation) decreased by R9.3 million, to R1.3m, following the unbundling of Spur shares. HEPS increased 180% to 2.56 cents. The group is now solely focused on Gaming, which grew 12%.
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