August 6, 2018 / 5:44 AM / 3 months ago

South Africa's Absa H1 profit down 4 percent

JOHANNESBURG, Aug 6 (Reuters) - South African lender Absa Group reported a 4 percent fall in half-year profit on Monday, weighed down by costs related to its separation from former parent Barclays .

Headline earnings per share (EPS) came in at 877.8 cents in the six months ended June compared with 917.3 cents a year earlier. Headline EPS is the main profit measure in South Africa that strips out certain one-off items.

Reporting by Tiisetso Motsoeneng Editing by Ed Stoddard

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