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February 26, 2009

Liberty's 2008 profit declines

Listed insurer Liberty Holding's profit for the year 2008 declined as its investments were hit by lower equity markets, it said on Thursday as it released its annual results.



For the year ended December 31 2008, the group's basic earnings pershare decreased by 32,6% and BEE normalised headline earnings per share (adjusted for the effects of a black economic empowerment deal) decreased by 47,8%.

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Posted by StaffWriter at February 26, 2009 9:11 AM