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Brimstone Repays More Than R1 Billion Debt In Tough Reporting Period – AfricaBusiness.com


Debt repayment to funders in excess of R1 billion
Reduction of R129.8m in finance costs
7m raised from disposal of portion of Equites and Phuthuma Nathi stakes
4m raised from disposal of portion of Life Healthcare stake
Improved debt and liquidity ratios
Brimstone’s shareholding in Oceana Group increased to 25.01%
[Cape Town, 3 March 2021] Brimstone today released its Group results for the year ended 30 December 2020 reporting a reduction of over R1 billion in debt during the year.
Brimstone’s two largest investments, Sea Harvest and Oceana Group, produced strong results in an extremely difficult operating and trading period exacerbated by the COVID-19 pandemic. ....

South Africa , United Kingdom , Western Cape , South African , Zakhele Futhi , Fred Robertson , Mustaq Brey , Phuthuma Nathi , Obsidian Health , Property Fund , African Enterprise Development , Lion Of Africa Insurance Company , Multichoice Group , Sea Harvest Group , Oceana Group , Life Healthcare , Sea Harvest , Africa Insurance Company , Harvest Foods , Ladismith Cheese , Executive Chairman , Aon Re Africa , Sub Saharan Africa , ஒன்றுபட்டது கிஂக்டம் , மேற்கு கேப் , ஃப்ரெட் ராபர்ட்சன் ,

South Africa's Sea Harvest manages sales, profit growth in a rough year

The South African firm said that its fishing business, as well as its Ladismith Cheese unit, performed stongly enough to offset weakness in its Australian fish faming operations
....

South Africa , South African , Sea Harvest Group , கடல் அறுவடை குழு ,

Sea Harvest Group Proves its Resilient and Defensive Nature with its 2020 FYE Results


Sea Harvest Group Proves its Resilient and Defensive Nature with its 2020 FYE Results
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During one of the worst pandemics facing the world in recent times, resulting in significant disruptions to markets and supply chains, the Sea Harvest Group proved its resilient and defensive nature growing revenue by 10% to R4.4bn and headline earnings by 3% to R421m for the year ended 31 December 2020, whilst earnings per share (EPS) increased 3% to 154.3 cents per share. ....

South Africa , Far East , Felix Ratheb , Fred Robertson , Marine Stewardship Council , Department Of Environment , Sea Harvest Group , Sea Harvest Group Board , Workers Union , Allied Workers Union , Harvest Group Board Chairman , Viking Fishing , Nico Bacon , இதுவரை கிழக்கு , ஃப்ரெட் ராபர்ட்சன் , கடல் பணிப்பெண் சபை , துறை ஆஃப் சூழல் , கடல் அறுவடை குழு , கடல் அறுவடை குழு பலகை , தொழிலாளர்கள் தொழிற்சங்கம் , கூட்டணி தொழிலாளர்கள் தொழிற்சங்கம் , அறுவடை குழு பலகை தலைவர் , வைக்கிங் மீன்பிடித்தல் , நிகோ பன்றி இறைச்சி ,

Cashbuild profits double due to home improvements

Cashbuild profits double due to home improvements
enca.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from enca.com Daily Mail and Mail on Sunday newspapers.

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