Discovery shares stumble as Covid hits bottom line
Discovery shares stumble as Covid hits bottom line Discovery achieved the following results for the six months ended 31 December 2020: Net asset value increased by R582m Total new business API increased 8% to R10 920m Normalised profit from operations increased 19% to R4 507m Profit for the period decreased 10% to R1 875m Gross income of the Group increased 9% to R34 936m Headline earnings per share decreased 10% to 280.3 cents per share Earnings per share decreased 10% to 280.2 cents per share Diluted Embedded value per share decreased 2% to R108.96 per share Due to the uncertain and potenti...
Source: biznews.com