Remgro earnings take a hit thanks to Vumatel and DFA

Hanno Labuschagne

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Remgro earnings take a hit thanks to Vumatel and DFA

Vumatel and Dark Fibre Africa (DFA) parent company Community Investments Ventures Holdings (CIVH) contributed far less to the headline earnings per share of its majority shareholder — Remgro — in the second half of 2023.

According to Remgro's latest interim results, CIVH contributed R6 million to Remgro's headline earnings per share between July to December 2023, down 96.7% from the R184 million reported over the same period in 2022.
 
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