Liberty Holdings Ltd (LBHJ.J)
Thu, Aug 1 2019
JOHANNESBURG, Aug 1 Liberty Holdings posted a better-than-expected 53% jump in half-year profit on Thursday as the South African insurer's turnaround strategy paid off.
JOHANNESBURG, Aug 1 South African insurer Liberty Holdings said on Thursday its normalised profit for the six months to end-June jumped by 53%, reflecting progress in medium-term financial targets.
JOHANNESBURG, July 18 South African insurer Liberty Holdings Ltd said on Thursday half-year earnings are expected to jump at least 45% as the firm proceeds with its turnaround plan. Normalised headline earnings per share, a key profit measure that excludes certain one-off items, is expected to be between 698.9 cents and 747.1 cents per share for the six months ended June 30, up from 482 cents a year earlier.
JOHANNESBURG, March 12 African Bank, a small South African lender which is trying to rebuild after nearly collapsing under the weight of bad debts, said it has appointed Thabo Dloti, former CEO of insurer Liberty Holdings, as its chairman.
* Liberty earnings drop 17 pct in 2018 (Recasts, adds CEO interview, share reaction, more details)
JOHANNESBURG, Feb 28 South African insurer Liberty Holdings Ltd said on Thursday its normalised headline earnings fell by 17 percent to 2.26 billion rand ($162.27 million) in the year to Dec. 31.
JOHANNESBURG, Feb 27 South African insurer Liberty Holdings has agreed to sell its technology platform, which supports its short-term insurance business, to Standard Bank Group Ltd for 145 million rand ($10.45 million).