REVENUE NEWS ON FASTMOVING

Tongaat Hulett’s first-half profit rose as production increased and costs declined, the company said yesterday. Net income increased 30 percent to R655 million in the six months to September from a year earlier. read more

Armonk, New York - IBM's third-quarter earnings held steady, despite the economic jitters that contributed to a steeper decline in revenue than Wall Street anticipated. read more

Tongaat Hulett grew total profit from its combined operations by 53 percent to exceed R2 billion for the first time, the sugar producer said yesterday in reporting its audited results for the year to March. read more

Johannesburg - Direct response retailer Verimark Holdings [JSE:VMK] has reported an 18% decline in headline earnings per share to 25.8 cents a share for the year ended February 2012 from 31.5 cents a share last year as the sluggish economy and lacklustre consumer spending hampered the company's growth.  read more

Regional logistics and supply chain services provider Value Group ’s diluted headline earnings per share rose 3,8%, from 58c to 60,2c in the year to February, which the company said was strong given market factors. read more

Building materials retailer Cashbuild (CSB) said on Wednesday it expected its headline earnings per share to rise between 130% and 140% in the half-year ended December compared with a year earlier. read more

Unilever (UNA), the world’s second-largest consumer-goods maker, reported the weakest volume growth in almost three years as higher prices deterred consumers, and said it expects “gloomy” economic conditions to persist this year.  read more

Johannesburg - Building materials retailer Cashbuild [JSE:CSB] reported on Tuesday that revenue for the second quarter and the half-year to December 2011 increased by 9%, compared to the same period a year ago. read more

Cape Town – South Africa's commercial farmers' income has hardly been great, especially for those planting crops. Stock farmers have suffered heavily from stock theft and job opportunities dried up. read more