Tsogo Sun declares interim gross cash dividend of 31c per share

2015-11-19 · Industrial Developments news

Africa’s biggest hotel and gambling group‚ Tsogo Sun‚ said on Thursday that its interim results reflected continued pressure on the consumer due to the macroeconomic environment and weak sentiment.

In the six months to September 30 2015‚ Tsogo reported diluted headline earnings per share (HEPS) of 85.7c from diluted HEPS of 67.5c a year ago.

Total income for the period rose by 7% to R5.9bn while operating profit climbed 16% to R1.6bn compared with a year ago.

Tsogo declared an interim gross cash dividend of 31c per share.

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