September 5, 2019 / 6:33 AM / a month ago

South African bank FirstRand reports 5% rise in FY profit

JOHANNESBURG, Sep 5 (Reuters) - South African lender FirstRand said on Thursday its profit rose 5% in the year to June 30.

Diluted headline earnings per share (HEPS) rose to 497.2 cents ($0.3263) from 472.7 cents a year earlier.

HEPS strips out certain one-off items and is the main profit measure in South Africa.

$1 = 15.2369 rand Reporting by Emma Rumney; editing by Jason Neely

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