Tsogo Sun shares rise

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Published Nov 19, 2012

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Shares of Tsogo Sun Holdings jump 3.2 percent to 24.71 rand after Africa's top hotel and casino operator posts a 36 percent increase in first-half profit and lifts its dividend, as consumers in its mainstay South Africa market spend more on leisure.

Tsogo Sun, which is 40 percent owned by brewer SABMiller, reports diluted headline EPS of 68 cents in the six months to end-September, from 50.1 cents a year earlier.

It raises its interim dividend by 20 percent to 24 cents. - Reuters

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