Interim results: Logistics operations (ports and rail), saw revenue and EBITDA rise by 32% and 16%, respectively. Despite facing margin pressure, there was a 26% rise in headline earnings. Comparisons exclude disposed Grindrod Bank. The non-core businesses, particularly the KZN property & private equity portfolios encountered a R78.7m in net impairment & fair value losses. Interim dividend doubled to 34.40c.
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