Capital Appreciation’s profits almost double
The company’s payments and software divisions gained new clients, diversified revenue sources and increased market share
05 June 2024 - 08:10
Fintech group Capital Appreciation (Capprec) almost doubled its full-year profit as demand for its technology solutions, products and services resulted in a robust financial performance, particularly in the second half of the financial year.
Revenue for the year to end-March was up 19% at R1.2bn, while profit after tax surged to R170.9m from R91.9m the year before, the company said in a statement on Wednesday...
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