Africazine:
Letshego Holdings Namibia shows steady growth in profit.
The company reported a 2% increase in profit after tax, reaching N3.5 million for the six months ending 30 June 2026. This growth was bolstered by a 3.3% rise in operating profit, which climbed to N4.2 million compared to N4.7 million in the previous year.
Letshego Holdings Namibia’s Operating Profit Growth
Operating profit for Letshego Holdings Namibia increased significantly, reflecting the company’s strong performance in the financial sector. The rise from N4.7 million to N4.2 million demonstrates effective management and operational efficiency.
Headline earnings mirrored this growth, also rising by 2% to N3.5 million. The increase in earnings per share, from 50 cents to 51 cents, indicates a positive trend for shareholders.
Namibia: Key figures on Profit After Tax
- N3.5 million
- N4.2 million
- N4.7 million
- 51 cents
- 50 cents
- N0.7 million
- 54.14 cents
Interim Dividend Declaration and Future Steps
Letshego declared an interim dividend on 6 August for the period ending 30 June, pending regulatory approval. The specific amount of the dividend has not been disclosed, but the company plans to announce relevant dates once approval is secured.
The previous dividend paid in April 2026 was N0.7 million, equating to 54.14 cents per ordinary share.
Next Steps for Letshego Holdings Namibia
- Await regulatory approval for the interim dividend.
- Announce relevant dates for the dividend payment once approved.
Letshego Holdings Namibia is demonstrating solid financial performance with increasing profits and shareholder returns.
