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Headline: Covid-19 Pandemic Takes Bite Out of Firstrand Namibia Financials
FirstRand Namibia recorded a 19.1% drop in its headline earnings, signalling a challenging trading environment brought on by the COVID-19 pandemic and subsequent state-mandated lockdowns.
During the financial year ended 30 June 2020, FirstRand Namibia posted headline earnings of N$867 million (down by 19.1%). The Group's profits before tax decreased by 23.7% to N$1.21 ...
Source:Namibia Economist (2020-09-11)