Source - SMW
Meikles has swung to a FY pretax loss of $37.9m, from a year-ago profit of $37.5m. Revenue was $413.3m, from $384.3m. The result included a $4.7m impairment of investment in Mentor Africa Ltd, a $9.0m loss on discounting treasury bills and a $14.7m provision for discount on RBZ balances.