AEEI maintains strong balance sheet through interim period
AEEI maintains strong balance sheet through interim period By Edward West Share CAPE TOWN - DIVERSIFIED investment group African Equity Empowerment Investments (AEEI) achieved stable results through the six months to February 28, underpinned by resilient balance sheet strength. AEEI’s revenue, headline earnings and net assets decreased slightly by 9 percent despite the tough economic environment and the Covid-19 pandemic directly overlapping the reporting period, Strong cash balances resulted in the declaration of a dividend of 30 cents a share, well up from 10c the prior year. CE Valentine...
Source: iol.co.za