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Headline: Covid-19 Pandemic Takes Bite Out of Firstrand Namibia Financials

Snippet: 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)

URL:https://economist.com.na/55755/headlines/covid-19-pandemic-takes-bite-out-of-firstrand-namibia-financials/

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