Sable reports a net loss of R3.2m in the six months to December‚ from a R1.6m profit in the prior comparable period.
Tuesday, 30 September 2003 02:00

Stronger rand cuts into Sable's earnings

Property investors and developers Sable Holdings says the substantial drop in its operating and net profit for the year ended June 30 was due to the strengthening rand, which negatively affected its overseas hedge fund. 

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