Barclays Africa's first-half profit rises 7 percent

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Barclays Africa's first-half profit rises 7 percent

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JOHANNESBURG (Reuters) – South African lender Barclays Africa Group <BGAJ.J> said on Friday its half-year profit rose 7 percent, driven by strong earnings growth in local markets and Africa, despite an economic downturn. The unit of Britain’s Barclays PLC <BARC.L> said normalised diluted headline EPS totalled 917.7 cents in the six months ended June compared with 856.7 cents a year earlier. Headline EPS strips out certain one-off items and is the main profit measure in South Africa.

(Reporting by Nqobile Dludla; Editing by Sherry Jacob-Phillips)
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