Combined Motor Holdings LimitedJSE: CMH

CMH: Earnings dropped 32% year-over-year, but a 102c dividend was declared amid cautious optimism

· Issued by Combined Motor Holdings Limited

Earnings and headline EPS fell 32% year-over-year due to weak consumer confidence and high interest rates, with revenue down 1.3% and operating profit down 22%. A 102 cents per share dividend was declared, and modest improvement is expected ahead.

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