We’re back into earnings season on the JSE, with June mid-year and year-end results starting to be published. As such, we’re seeing the real impact of the hard government-imposed lockdown, which started in late March, on companies.
This gives investors a first true indication of how businesses performed during the lockdown, and perhaps a glimpse into how they’ll recover.
But first, there are two important points. Year-end results will only have one-quarter of lockdown included, while mid-year will cover a period that stretched over half the lockdown time. It is also very important that while we’re now in level-2 lockdown as a country, things remain risky and we could move back into stricter lockdowns – as we’ve seen happen in many other countries the world over who came out of hard lockdown ahead of South Africa.
هذه القصة مأخوذة من طبعة 10 September 2020 من Finweek English.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة 10 September 2020 من Finweek English.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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