South African franchising company Gold Brands recorded a 15.9% increase in profit after tax to R3.5-million for the six months ended August 31, translating into headline earnings a share of 3.18c. Commenting on Gold Brands’ performance, CEO Praxia Nathanael on Monday said the results were strong, despite the company facing the backdrop of a muted domestic economy, which impacted the pace of rolling out new stores.
Source: www.engineeringnews.co.za
Gold Brands interim profit up 15.9%
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