IT’S A MESS

Finweek English Edition - - INVESTMENT -

Huge Group re­sults are sti l l be­ing im­pacted by the fair value ad­just­ments of the Huge sin­gle-stock fu­tures (SSFs) the com­pany holds. For the last fi­nan­cial year a loss of about R4.5m was in part thanks to a R2.6m pos­i­tive SSF fair value ad­just­ment. This time profit of R8.9m is helped by al­most R4m of neg­a­tive fair value ad­just­ments from those SSFs. In short, the re­sults are bounc­ing all over the place and man­age­ment really need to clean things up

Huge Group

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