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Highlights of the day: 31 October

June 19, 2024
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FinMeUp
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FinMeUp

FinMeUp highlights of the day

 

South Africa

Balwin Properties Limited- Results for the six months ended 31 August 2022

  • Revenue grew 20% to R1.6 billion.
  • Profit for the period grew 48% to R173.0 million.
  • EPS grew 48% to 36.88 cents per share.

Adcorp Holdings Limited- Results for the six months ended 31 August 2022

  • Revenue from continuing operations increased by 3.2% to R5.9 billion.
  • Gross profit from continuing operations increased by 6.3% to R626.8 million.
  • Profit after tax from continuing operations increased by 4.0% to R26.9 million.

 

The U.S.

EBay

  • EBay has announced that it has completed its $295 Million acquisition of TCGplayer.

Shopify

  • Shopify has announced it has agreed to acquire "Remix".

Twitter

  • Twitter is planning to start charging $20 per month for verification.
  • Employees working on the project were reportedly told they need to meet a deadline of November 7th to launch the feature or they will be fired.

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