August 7, 2018 / 5:33 AM / 3 months ago

South Africa's Nedbank H1 profit rises 26 percent

JOHANNESBURG, Aug 7 (Reuters) - South African lender Nedbank reported a 26 percent jump in half-year profit on Tuesday, helped by a recovery in its west African associate, Ecobank.

Headline EPS, the primary measure of profit in South Africa that excludes certain one-off items, came in at 1,387 cents in the six months through the end of June compared with 1,098 cents a year earlier. (Reporting by Tiisetso Motsoeneng Editing by Ed Stoddard)

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