Poging GOUD - Vrij
Rex Trueform reports decline in earnings and revenue
The Star
|March 31, 2025
INVESTMENT holding group Rex Trueform passed the dividend after subdued sales at its clothing stores and headline earnings per share fell 3% to 97 cents in the six months to December 31.
-
The group, which has more than 100 retail stores among its investments, on Friday reported a 4.5% decline in revenue to R58.1 million, while profit after taxation decreased to R2.1m. The thinly traded share price was unchanged at R11.27 on Friday afternoon on the JSE.
CEO and significant shareholder Marcel Golding said in the results announcement that South Africa’s economic growth is forecast at 1% for 2025, an improvement on 2024, but still well below the desired growth levels, with energy and logistics issues driving sectors behind the low growth forecasts.
Dit verhaal komt uit de March 31, 2025-editie van The Star.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Star
The Star
Caster Semenya celebrates 9th wedding anniversary with wife
A DECADE of marriage is an achievement worth shouting from the rooftops.
1 mins
January 09, 2026
The Star
Court bid seeks to block appointment of new NDPP boss, Mothibi
THE B Xulu and Partners Incorporated (BXI) has filed an urgent court application to halt the appointment of the next National Director of Public Prosecutions (NDPP), arguing that serious procedural flaws undermined the fairness and transparency of the selection process.
2 mins
January 09, 2026
The Star
Ramaphosa vows crackdown on lobbyists urging US action against South Africa
PRESIDENT Cyril Ramaphosa has announced that the government will take action against groups and individuals lobbying the US to take punitive action against South Africa.
1 mins
January 09, 2026
The Star
Sesko spark masks Man Utd disappointment for Fletcher
MANCHESTER United caretaker boss Darren Fletcher hopes Benjamin Sesko's double in a 2-2 draw at Burnley proves to be the launching pad for the Slovenian striker after a tough start to life at Old Trafford.Sesko had scored just twice in 17 appearances since his £74 million move from RB Leipzig prior to Wednesday's trip to Turf Moor.
1 mins
January 09, 2026
The Star
Safety risk: Urgent recall of NAN Special Pro HА
THE National Consumer Commission (NCC) has announced a recall of NAN Special Pro HA Infant Formula following Nestles worldwide recall of selected SMA infant and follow-on formula products.
1 min
January 09, 2026
The Star
KZN Premier backs Lt-Gen Nhlanhla Mkhwanazi for second term as provincial police boss
(KZN) Premier Thami Ntuli has thrown his weight behind provincial police commissioner, Lt-Gen Nhlanhla Mkhwanazi, endorsing him for a second term.
1 min
January 09, 2026
The Star
President says unemployment keeps him awake at night
PRESIDENT Cyril Ramaphosa has expressed concern over the high levels of unemployment in the country, revealing that the issue often keeps him awake at night.
2 mins
January 09, 2026
The Star
Zhipu AI’s successful IPO sets the stage for MiniMax's market
LEADING Chinese artificial intelligence startup Zhipu AI soared as it went public in Hong Kong yesterday, a day before rival MiniMax also makes its market debut in a litmus test for the country's rapidly developing sector.
1 mins
January 09, 2026
The Star
Shivambu donates 105 pairs of school shoes to Thembisa pupils on 43rd birthday
FORMER EFF deputy president and Afrika Mayibuye Movement leader Floyd Shivambu celebrated his 43rd birthday by giving 105 pairs of school shoes to needy pupils at Winnie Mandela Primary School in Thembisa, Ekurhuleni.
2 mins
January 09, 2026
The Star
Who is on the plane for World Cup charge and who may miss the flight
WHEN Bafana Bafana’s AFCON campaign ended on Sunday, their road to redemption at the upcoming FIFA World Cup finals in North America officially began.
2 mins
January 09, 2026
Listen
Translate
Change font size