Grand Parade Investments (GPI) on Friday posted a full-year profit as closure of its loss-making Dunkin’ Donuts unit lifted the South African investment company’s earnings. GPI, which runs the Burger King chain of fast-food restaurants in South Africa and operates casinos, had reported a loss last year after its struggling units – Dunkin’ Donuts and ice-cream business Baskin-Robbins – dented the company’s earnings. The closure of both units, announced earlier this year after GPI failed to find a buyer, helped lift the investment company’s headline earnings per share (HEPS).

source https://finance.yahoo.com/news/1-africas-grand-parade-posts-071328065.html?.tsrc=rss