Return on equity

Capricorn delivers strong performance

Capricorn delivers strong performance

CHAMWE KAIRA Capricorn Group delivered a strong financial performance for the year ended 30 June 2024 with a growth of 17.7% in profit after tax to N$1.74 billion over the N$1.48 billion previously reported in 2023. The group said Return on equity (ROE) increased to 17.9% from the 17.6% reported in the previous financial year. “This can be attributed to excellent results and solid all-round performances across our portfolio of businesses, which includes the banking subsidiaries, Bank Windhoek and Bank Gaborone, as well as Capricorn Asset Management, Entrepo Group, Peo Finance and our associates,” the group said. The group implemented…
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