Kaya 959 Kaya Biz

Dis-Chem annual profit down 1.6%, continues to roll out new pharmacies

Loading player...
GUEST – Rui Morais, Dis-Chem CEO
South African pharmacy group Dis-Chem announced in a Sens on Friday that its headline earnings per share declined by 1.6% for the year ended 29 February 2024.
Headline earnings per share were 114.6 cents for the full year ended 31 March 2024, compared to 116.5 cents per share in the corresponding period in 2023.
Dis-Chem declared a gross final cash dividend of 22.493 cents per share for the year ended 29 February 2024, an increase of 21.9% from the previous comparable period.
From 1 March 2023 to 29 February 2024, Dis-Chem Pharmacies recorded group revenue growth of 11.1%, to R36.3 billion, as trading conditions continued to strengthen in line with the first-half statement.
3 Jun 2024 1PM English South Africa Business News · Investing

Other recent episodes

National Minimum Wage increase – 01 March 2026

From 1 March 2026, South Africa’s National Minimum Wage will increase by 5%, rising from R28.79 to R30.23 per ordinary hour worked. The adjustment applies across sectors, including farm and domestic workers, pushing the minimum weekly wage for a 45-hour week to R1 360.35 and the monthly minimum to just…
23 Feb 3PM 11 min

Milk industry at significant risk

South Africa’s dairy industry is facing mounting pressure as foot and mouth disease (FMD) containment measures begin to spill over into export restrictions on dairy products that industry players insist are scientifically safe. Food producer Clover SA has warned that inconsistent and non-standardised FMD eradication measures applied across provinces are…
23 Feb 2PM 15 min

Beyond Burnout: How high achievers mistake endurance for growth

Burnout is often described as the result of taking on too much, too much work, too much responsibility, too many competing priorities. But according to Ronald from HL Consulting, that explanation misses something deeper. He joins the show to unpack why high performers are especially vulnerable to this pattern, and…
23 Feb 2PM 20 min

Budget 2026 & VAT

As South Africa prepares for Budget 2026, attention is shifting not to dramatic tax rate changes, but to the quiet mechanisms through which revenue is protected and expanded. While political resistance makes large VAT rate increases unlikely, SARS appears to be sharpening enforcement, modernising compliance systems, and strengthening audit scrutiny…
23 Feb 2PM 11 min

Budget Speech 2026: Ten Policy Issues to Watch

Finance Minister Enoch Godongwana is scheduled to present the 2026 National Budget on 25 February. Market participants will be watching closely for updates on debt stabilisation, revenue and expenditure projections, and progress on ongoing structural reform initiatives. Ricardo Smith, Chief Investment Officer, Absa Investments unpacks ten policy areas that warrant…
23 Feb 2PM 14 min
All episodes