FilingReader Intelligence

Paratus Namibia sees revenue growth, impacted by costs

March 14, 2025 at 09:01 PM UTCBy FilingReader AI

Paratus Namibia Holdings Limited (PNH) announced reviewed consolidated financial results for the six months ended December 31, 2024, revealing revenue growth of 16.43% to N$327.3 million. This was driven by strong contract revenue and investment return from surplus funds. However, basic and headline earnings per share (BEPS/HEPS) both decreased, with BEPS at 26.43 cents and HEPS at 26.39 cents due to an increased number of ordinary shares in issue. Paratus Namibia invested N$125.2 million in infrastructure, including N$53.6 million allocated to a transformation project and a N$4,945,397 interim dividend was declared, at 5 cents per share. Furthermore the company detected unauthorized activity on its internal IT systems during February.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when PARATUS NAMIBIA HOLDINGS LIMITED publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →