CanAf Group Inc (TSE:CAF) has released an update.
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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.
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