South African banking group, Absa, increased annual headline earnings per share by 24% but said earnings growth may slow due to tight monetary conditions and household indebtedness.
Absa, majority-owned by Britain's Barclays Plc, said on Tuesday headline EPS rose to 1 181.8 cents per share while headline earnings increased by 25% to R7.87bn.
Read more at FIN24.co.za
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