July 27, 2024, 3:04 a.m.
The Daily Update: 15 March
July 17, 2023
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FinMeUpThe latest updates from the JSE and NYSE over the past 24 hours.
 
South Africa
STADIO Holdings Limited- Results For The Year Ended 31 December 2022
- Revenue increased from R1 098 million to R1 214 million.
- Semester 1 student numbers increased 11% to 38 348.
- Semester 2 student numbers increased 8% to 41 296.
- Profit after tax increased 36% to R186 million.
- EPS grew by 31% to 19.5 cents.
- Final dividend per share increased 89% 8.9 cents per share.
Growthpoint Properties Limited- Group Condensed Unaudited Interim Results and Cash Dividend Declaration for the period ended 31 December 2022
- The results demonstrate a focus on liquidity and balance sheet strength to enable the company to pursue its strategic initiatives.
- The dividend per share increased by 4.6% to 64.3 cents compared to 61.5 cents for the comparative period.
- The V&A Waterfront delivered strong performance, with 23.0% growth in net property income compared to the comparative period.
- Hard currency dividend income grew by 10.1% to R763.0m compared to R693.0m for the comparative period.
- Growthpoint Investment Partners grew assets under management by 7.1% to R16.7bn and raised R750.0m from new investors supporting both GHPH and Growthpoint Student Accommodation Holdings (RF) Limited.
- Over 700,000m of space was let in SA during the period. Vacancies reduced to 9.9% from 10.3% at 30 June 2022.
- Some fundamentals have started to improve for the industrial and retail sectors, while the office sector appears to have stabilised. Until the SA economy enters a growth phase, conditions will remain challenging.
Merafe Resources Limited
- The European benchmark ferrochrome price for the second quarter of 2023 has been settled at 172 US cents per pound, an increase of 15.4% from the first quarter of 2023.
 
The U.S.
T-Mobile
- T-Mobile just agreed to acquire Ryan Reynolds's Mint Mobile for $1.35 Billion.
Roblox Key metrics for Feb 2023
- Average Daily Active Users of 67.3M up 22% YoY
- Hours engaged of 4.6B up 24% YoY
- Estimated Revenue between $214M-$217M up between 20%-22% YoY.
Realty Income
- Realty Income just declared a monthly dividend of $0.2550 per share up from $0.2545 per share.
- This is the 120th dividend increase and 663rd consecutive monthly dividend declared since Realty Income's listing on the NYSE in 1994.