JOHANNESBURG: Africas, Reuters
South Africa’s FirstRand Ltd opens new tab reported a 6% increase in first-half earnings on Thursday, led by strong topline growth, particularly net interest income.
Its normalized earnings increased to 19.1 billion rand ($993 million) in the six months ending December 31, up from 17.9 billion rand a year earlier, the bank said.
FirstRand, the country’s largest lender by market value, declared an interim dividend of 200 cents per share for the reporting period, up 6% from a year ago.