The group posted a mixed set of results as the strong quarterly earnings generation failed to translate into equivalent equity accumulation. Activity levels were disappointing. However, management saw signs of recovery which should become visible in the next quarter.
27 Oct 2021
Strong earnings generation failed to percolate into equity
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Strong earnings generation failed to percolate into equity
The group posted a mixed set of results as the strong quarterly earnings generation failed to translate into equivalent equity accumulation. Activity levels were disappointing. However, management saw signs of recovery which should become visible in the next quarter.