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In the year to March, Datakor improved earnings 27% to R35,6m on turnover up 11% at R555m, in spite of an increase in tax rate from 25% to 47%. Interest payments of R8,9m in financial 1991 were turned into a contribution of R5,1m. Executive chairman Nic Frangos is confident the group can sustain earnings growth despite the recession and the dramatic changes taking place in the computer industry.




April 17, 2008 07:47:13 PM
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