Phumelela : International Sparkle – Local Gloom

December was a bad month

Gaming and leisure company, Phumela is reporting a 17% fall in headline earnings per share to 68.02 cents, while headline earnings saw a decline of 18% to R68.0 million.

Turffontein

Moneyweb reports that the company says that during the six months ended 31 January 2019, trading conditions deteriorated ‘considerably’, in its local tote and fixed odds operations, adding that its December performance took a heavy toll both locally and abroad.

The company said no interim dividend will be declared for the period.

The Sens announcement may be read on Moneyweb – click here

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