CanAf Group Inc (TSE:CAF) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
CanAf Group Inc. reports a significant increase in revenue to CAN$24.95 million and net income to CAN$1.52 million for Q3 2024, alongside launching a new subsidiary, CanAf Capital, aimed at providing asset-backed short-term financing in South Africa. The new subsidiary is expected to allocate around CAN$1.9m by early 2025, targeting returns of up to 2.25% per month.
For further insights into TSE:CAF stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money