Tencent Holdings Limited is an investment holding company principally involved in the provision of value-added services (VAS) and online advertising services. The company released its first-quarter results for 2019 on Wednesday, 15 May. Tencent reported a 16% increase in revenue to Rmb 85.5bn. The holding company’s segment that showed the biggest gains was its FinTech […]
Gilead Sciences, Inc. is a research-based biopharmaceutical company that discovers, develops and commercialises innovative medicines in areas of unmet medical needs. The company’s primary areas of focus include HIV, AIDS, liver disease, oncology and serious cardiovascular and respiratory conditions. The company acquired Kite Parma in the first quarter of 2018. Kite Parma develops a drug […]
Apple Inc. recently reported their 2nd quarter 2019 results for the period ended 30 March 2019. Net sales decreased by 5% to $58 billion (2018: Q2 $61.1 billion), slightly above analyst expectations of $57.5 billion, while diluted earnings per share came in at $2.46, which was higher than Wall Street consensus of $2.36 per share. […]
Diageo plc, together with its subsidiaries, produces, markets and distributes premium alcoholic beverages worldwide. The company offers globally recognised flagship brands such as Smirnoff, Johnnie Walker, Captain Morgan, Cîroc, Guinness, Jose Cuervo, Bell’s, VAT 69, J&B, Tanqueray and Gordon’s. Diageo reported a double-digit operating profit increase of 12% mainly due to revenue growth and productivity […]
MTN Group Limited is a mobile operator that offers consumer, digital and business services. It operates in three regions: South/East Africa (SEA), West/Central Africa (WECA) and the Middle East and North Africa (MENA). The MTN group recently reported their full year (FY18) results for the period ending 31 December 2018. The group reported an increase […]
The Shoprite Group of Companies is Africa’s largest food retailer. The group operates a total of 2 738 outlets in 15 countries across the continent, as well as on the Indian Ocean islands, and employ more than 146 000 people. The company reported its interim results for the period ending 31 December 2018 on the 26th […]
The MultiChoice group (MCG) is Africa’s biggest Pay-TV and video entertainment operator. The company operates through four segments, namely MultiChoice South Africa, MultiChoice Africa, Online streaming platform Showmax, and digital security platform Irdeto offered in 50 countries in Africa. Multichoice is a highly cash generative business with a robust balance sheet. The group trades on […]
PepsiCo Inc. is a global food and beverage company which operates through six segments. The company recently reported their fourth-quarter and annual 2018 results. Core earnings for the financial year came in at $5.66 per share, rising 8% from the same period last year. PepsiCo also boosted its annual dividend by 12% to $3.60 per […]
Remgro Limited is an investment holding company. The company’s investment portfolio includes over 30 investee companies. The company focuses on approximately seven industries, including food, liquor and home care; banking; healthcare; insurance; industrial; infrastructure, and media & sport. The company released its unaudited interim results for the six months ended 31 December 2018 on the 19th […]
African Rainbow Minerals Limited (ARM) is a mining and minerals company. The Company mines and beneficiates iron ore, manganese ore and alloys, chrome ore and alloys, platinum group metals, copper, nickel and coal. It also has an investment in gold through its shareholding in Harmony Gold Mining Company Limited. The Group recently reported their interim […]
AECI limited is a South African-based explosives and chemical speciality company. The company is engaged in offering a range of products and services to customers in the mining, manufacturing and agricultural industries. AECI’s results for the year ended 31 December 2018 showed an increase in revenue and profit from operations by 26% and 27% respectively. […]
Heineken, the world’s second-largest beer brewing company, engages in the production and distribution of alcoholic and non-alcoholic beverages with a focus on premium products. The company reported its full year (FY) results ending 2018, on 13 February 2019. The company reported strong organic revenue growth in difficult trading conditions, up 5.9% to €26.8 billion from the […]
The Walt Disney Company is an entertainment company that operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The company released their first quarter results for 2019 on 5 February. The Group reported a 3% decrease in earnings per share to $1.86 while revenue was slightly […]
Hudaco Industries Limited is a South African-based company, which is engaged in the importation and distribution of branded automotive, industrial and electrical consumable products, operating in the Southern-African region. Hudaco’s turnover is highly concentrated and dependent on consumer spending. Hudaco recently released their full year results for the year ended 30 November 2018. The company’s […]
Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions, and third-party digital content and applications. On Tuesday Apple reported their 1st quarter 2019 results for the period ended 31 December 2018. Net sales decreased […]
Afrimat Limited is an open pit mining company that supplies materials and contracting services to the industrial minerals, building, construction, road building, railroad and mining sectors. In the group’s latest financial results for the half-year ended 31 August 2018, Afrimat reported revenue growth of 28.6%, profit from operations increased by 4.3%, diluted headline earnings per […]
Samsung Electronics Co., Ltd. is a Korean-based company principally engaged in the manufacture and distribution of electronic products. The Company distributes its products within the domestic market and to overseas markets. Samsung recently released their results for the third quarter of 2018. Their sales increased by 5.5%, operating profit increased by 20.9% and net profit increased […]
Allianz Group is a global financial service provider with services predominantly in the insurance and asset management business. Allianz SE, the parent company, is headquartered in Munich, Germany. The company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. Allianz recently reported their results for the third quarter ending 30 September 2018. Total revenues […]
In Distell’s results for the full year ended 30 June 2018, the group reported volume growth of 4.4%, revenue excluding excise duty grew by 7.7% and headline earnings per share declined by 5.6%. Normalised headline earnings per share, which excludes certain once-off items and forex movements rose by 5.2%. The board declared a final gross […]
Rand Merchant Investment Holdings Limited, formerly Rand Merchant Insurance Holdings Limited, is an investment holding company. In RMI’s results for the full year ended 30 June 2018, the group highlighted that their normalised earnings per share (excluding non-recurring items and accounting anomalies) increased by 12%. RMI declared a final dividend of 65 cents per share […]
