Turnstar profits flat in lukewarm market

Thursday, October 26, 2017

Game City is an anchor asset for Turnstar PIC: KAGISO ONKATSWITSE

Botswana Stock Exchange (BSE)- listed Turnstar Holdings has recorded P63 million profit in the half year to July 31, 2017, which was a marginal 2.3% increase compared to the same period last year.

Despite the tough trading conditions, the company attributed the increase to a 4.5% increase in group rental revenues.

Group managing director, Gulaam Abdoola said the newly developed section of Game City and Mlimani retail malls’ rental income would have a direct positive impact on the group’s profits in the next reporting period.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

(L-R). Kagiso Molatlhwa. Olebile Machete and Morena Monganja addressing the media on constitutional amendment PIC: KENNEDY RAMOKONE

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 1d ago

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 1d ago

IEC rejects 2,513 registrations

Innocent Selatlhwa | 1d ago

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 1d ago

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 1d ago

Serowe man 'loses' P1m in crypto trading

Pini Bothoko | 1d ago

MultiChoice appoints Johnson Otlaadisa to the role of Production Supervisor for Mzansi Bioskop Local Film Project

Staff Writer | 1d ago

Grieving individuals urged to seek support

Boikanyo Mathonsi | 1d ago

Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Turnstar profits flat in lukewarm market

Botswana Stock Exchange (BSE)- listed Turnstar Holdings has recorded P63 million profit in the half year to July 31, 2017, which was a marginal 2.3% increase compared to the same period last year.