Capricorn after tax profit jumps to N$1.06 b from N$827.6 m
Capricorn Group’s profit after tax has jumped by 28.4% to N$1.06 billion, compared to N$827.6 million in the same period last year, Group CEO David Nuyoma has said.
This translates to a 29.1% rise in earnings per share to 196.80 cents. The annualised return on equity also improved from 16.8% to 19.1%, he added.
He said Capricorn Group delivered strong financial results, with profit after tax for the six months ended 31 December 2024 increasing by 28.4% to N$1.06 billion, compared to N$827.6 million in the same period last year.