{"id":5560,"date":"2024-03-20T19:19:21","date_gmt":"2024-03-20T17:19:21","guid":{"rendered":"https:\/\/newmediacreative.co.za\/afrocentric\/?p=5560"},"modified":"2024-04-04T12:13:20","modified_gmt":"2024-04-04T10:13:20","slug":"2023-interim-results-indicate-promise-for-the-groups-future","status":"publish","type":"post","link":"https:\/\/newmediacreative.co.za\/afrocentric\/archives\/5560","title":{"rendered":"2023 Interim results indicate promise for the Group\u2019s future"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5560\" class=\"elementor elementor-5560\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57829a8 e-flex e-con-boxed e-con e-parent\" data-id=\"57829a8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-390d5962 elementor-widget elementor-widget-text-editor\" data-id=\"390d5962\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p class=\"wp-block-paragraph\"><strong>AfroCentric declared interim dividends of 11 cents per share amidst mixed financial results for the six months ended 31 December 2023.<\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea81e98 elementor-widget elementor-widget-text-editor\" data-id=\"ea81e98\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Group\u2019s financial highlights show a slight revenue increase but declines in profit before tax and profit for the year. Both basic and headline earnings per share declined compared to the same period last year.<\/p>\n<p>However, recovery is underway, and the business delivered a better set of results on the back of last year\u2019s financial performance and is working hard to halt profit decline through focussed management efforts.<\/p>\n<p>We are strategically investing in our business by integrating key skills and capabilities to enhance our already robust internal talent pool. The partnership with Sanlam serves as a crucial growth catalyst, enabling us to collaborate effectively and deliver on our ambitious goal of becoming the market leader by 2030.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e44a97a elementor-widget elementor-widget-image\" data-id=\"e44a97a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"486\" src=\"https:\/\/newmediacreative.co.za\/afrocentric\/wp-content\/uploads\/2024\/03\/Financial-results-1024x486.jpg\" class=\"attachment-large size-large wp-image-5569\" alt=\"\" srcset=\"https:\/\/newmediacreative.co.za\/afrocentric\/wp-content\/uploads\/2024\/03\/Financial-results-1024x486.jpg 1024w, https:\/\/newmediacreative.co.za\/afrocentric\/wp-content\/uploads\/2024\/03\/Financial-results-300x142.jpg 300w, https:\/\/newmediacreative.co.za\/afrocentric\/wp-content\/uploads\/2024\/03\/Financial-results-768x364.jpg 768w, https:\/\/newmediacreative.co.za\/afrocentric\/wp-content\/uploads\/2024\/03\/Financial-results.jpg 1450w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c9ee290 elementor-widget elementor-widget-text-editor\" data-id=\"c9ee290\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>While our interim results reflect a mixed performance, the declaration of an interim dividend underscores our commitment to delivering value to our shareholders. The decision to align our financial year-end with that of Sanlam signals a strategic move towards enhancing transparency and efficiency in our operations.<\/p>\n<p><a href=\"https:\/\/www.corpcam.com\/AfroCentric05032024\"><strong>Click here to watch AfroCentric CEO Gerald van Wyk and CFO Hannes Boonzaaier present our interim results.<\/strong><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div style=\"display:flex; gap:10px;justify-content:center\" class=\"wps-pgfw-pdf-generate-icon__wrapper-frontend\">\n\t\t<a  href=\"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/posts\/5560?action=genpdf&amp;id=5560\" class=\"pgfw-single-pdf-download-button\" ><img src=\"https:\/\/newmediacreative.co.za\/afrocentric\/wp-content\/plugins\/pdf-generator-for-wp\/admin\/src\/images\/PDF_Tray.svg\" title=\"Generate PDF\" style=\"width:auto; height:45px;\"><\/a>\n\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>AfroCentric declared interim dividends of 11 cents per share amidst mixed financial results for the six months ended 31 December 2023. The Group\u2019s financial highlights show a slight revenue increase but declines in profit before tax and profit for the year. Both basic and headline earnings per share declined compared to the same period last [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":5561,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[250],"tags":[241],"class_list":["post-5560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-business-afrocentric-09","tag-afrocentric09"],"acf":[],"_links":{"self":[{"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/posts\/5560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/comments?post=5560"}],"version-history":[{"count":58,"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/posts\/5560\/revisions"}],"predecessor-version":[{"id":5736,"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/posts\/5560\/revisions\/5736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/media\/5561"}],"wp:attachment":[{"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/media?parent=5560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/categories?post=5560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmediacreative.co.za\/afrocentric\/wp-json\/wp\/v2\/tags?post=5560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}