Capitec released a trading statement for the 6 months to 31 August, guiding shareholders to expect HEPS of between 8215 and 8354cps, up 18% – 20% from the comparative period when it reports results on 30 September. The update was largely positive however comments about growing forward looking credit impairment charges and higher upfront credit impairment charges on business lending may have raised concerns amongst some investors.
Click here to read the SENS