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South Africa’s Calgro M3 half-year earnings fall 4.7%

By , based on Businessday

Map: South Africa

Calgro M3, a South African property developer, saw its half-year earnings per share fall by 4.7%, hit by economic difficulties and declining household purchasing power in the housing market. Its memorial parks business nevertheless grew, with revenue up 20%, according to Business Day TV.

Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

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