City Lodge forecasts higher profits

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CityLodge INDEPENDENT MEDIA City lodge Edenvale, Johannesburg. Pic: John Woodroof.

Johannesburg - City Lodge (CLH) said on Wednesday it anticipated normalised headline earnings per share in the six months to December to rise by between 27% and 32%‚ from the same period a year ago.

The normalised headline earnings per share excludes the costs and effects of its black economic empowerment deal. - I-Net Bridge

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