Nu-World's interim revenue surges 28.8% amid strong growth

NU-WORLD HOLDINGS LIMITED has announced a significant increase in revenue for the six months ended 28 February 2025. Total revenue increased by 28.8% compared to the same period last year, reaching R1,248,582,000. Profit attributable to equity holders saw a 15.5% rise to R36,370,000. Basic earnings per share increased by 19.6% to 176.1 cents, while headline earnings per share rose by 19.2% to 175.4 cents. The net asset value per share also grew, increasing by 4.1% to 7559.3 cents. The company operates in South Africa and has subsidiaries in Australia, Brazil, Dubai, and Hong Kong. The company's core business includes the import, assembly, marketing and distribution of branded consumer goods.