GPI interim results with Chairman - Hassen Adams
Grand Parade Investments' interim headline earnings fell 16,5% to just below 40 million rand while headline earnings per share fell by only 13,8% to 8,86c, aided by the buy-back last year of 27-million shares.
Tough trading conditions at the black-empowered investment group's Western Cape casino and hotel investments weighed heavily on the group's results in the six months to December.
Its limited payout machine market, however, eased the pain with strong revenue growth.
Brands in PABMH Group:
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