Turnstar earnings slide

BSE-listed property concern, Turnstar Holdings, has published its first half results for the period ended 31 July 2010, reporting a 4.5 percent decline in Earnings Per Linked Unit to P0.06.

Revenue increased by 4.4 percent to P42 million on the back of improved occupancies in the retail segment of the property portfolio.

Retail segment revenue increased by 9.6 percent while the commercial segment suffered a 9.9 percent decline, owing to on-going refurbishments.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

Have a Story? Send Us a tip
arrow up