March 9, 2018 / 5:39 AM / 8 months ago

BRIEF-Conduit Capital Posts Headline Earnings Of R53.3 Million ‍For HY 2017

March 9 (Reuters) - Conduit Capital Ltd:

* ‍FOR HY 2017, HEADLINE EARNINGS WERE R53.3 MILLION, COMPARED TO RESTATED LOSS OF R34.4 MILLION FOR SIX MONTHS ENDED 31 DECEMBER 2016​

* ‍HY NET ASSET VALUE PER SHARE INCREASED TO 188.5 CENTS, WHICH TRANSLATES INTO AN ANNUALISED 14.1% IMPROVEMENT​

* ‍AT 31 DECEMBER 2017, GROUP’S TOTAL EQUITY WAS R1.35 BILLION COMPARED TO R527 MILLION​ Source text for Eikon: Further company coverage:

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