Letshego's profit sees a 2% rise to N$171m

Chamwe Kaira In its interim results for the first half of 2023, Letshego Holdings (Namibia) Limited announced an increase in profit after tax, reaching N$171 million compared to N$168 million in the previous year, marking a 2% growth. The company's performance led to the declaration of a dividend amounting to N$224.5 million in June 2023. Chairperson Maryvonne Palanduz and Chief Executive Officer Ester Kali stated that the company experienced a substantial 14% surge in total revenue compared to the same period the previous year. This surge was propelled by a 16% rise in interest income, accompanied by a robust 11%…