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Capital Appreciation Reports First Half 2023 Earnings

Capital Appreciation (JSE:CTA) First Half 2023 Results

Key Financial Results

  • Revenue: R538.1m (up 23% from 1H 2022).

  • Net income: R38.3m (down 58% from 1H 2022).

  • Profit margin: 7.1% (down from 21% in 1H 2022). The decrease in margin was driven by higher expenses.

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Capital Appreciation shares are up 6.0% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Capital Appreciation.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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