Company Results | Capitec reports 36% jump in profit: Gerrie Fourie

Capitec released its half year financials. For the six months ended August 2024, the company reported operating profit at R8.3-billion - that's up 41% on the year prior. It also reported headline earnings per share coming in at 5,544 cents - up 36%. Capitec now boasts 23 million clients, a substantial increase on the 12.9 million clients it had on its books in 2019. Shareholders are set to get a gross interim ordinary dividend of R20.85 - up 36% on the same time last year. To take us behind the numbers, I'm joined by Gerrie Fourie, CEO of Capitec. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.