Highlights of the day: 17 October

FinMeUp highlights of the day

South Africa

Calgro M3 Holdings Limited- Results For The Six Months Ended 31 August 2022

• EPS grew 44.2% to 57.04 cents per share.
• Revenue increased by 5% to R607 million.
• Gross profit margin remained within the 20% to 25% target range, increasing to 22% from 19.7%.
• Interest-bearing borrowings decreased by 3%.

Labat Africa Limited- Results for the 9-Month Period Ended 31 May 2022

• The basic loss per share for the nine-month period ended 31 May 2022 declined by 21% to (6.9) cents per share.
• Revenue declined 21.3% to R23 043 000.
• Operating loss worsened by 31.3% to (R36 932 000).

The U.S.

McDonald's

• McDonald's has declared a quarterly dividend of $1.52 per share up 10% from its previous dividend of $1.38 per share.

Apple

• Apple's upcoming VR/AR headset will reportedly be able to scan your eyes to allow for quicker logins, payments, and more.

Amazon

• Amazon's recent Prime Early Access event is estimated to have brought in $5.7 Billion of revenue.

Kanye West

• Kanye West has agreed to buy Parler Technologies, a social media platform that has been embraced by conservatives who left Twitter.