Remgro profit up 66% – Bloomberg

REMGRO yesterday said FY profit rose 66% as banking and health care assets delivered higher earnings. Net income was R6.92bn in the FY to end-Jun., up from R4.18bn y/y. Revenue increased 50% to R24.62bn, while the dividend was raised by 12% to 389cps. Shares in REMGRO closed up 0.42% at R244.50 on the JSE yesterday. This news brief represents a summary of the original article. 04:43:0018/09/2014