
Jannie Mouton's PSG Group posts $73 million profit
PSG's net profit rose 23.47 percent to R1.38 billion ($73.21 million), up from R1.12 billion ($59.29 million) in the previous year.
PSG's net profit rose 23.47 percent to R1.38 billion ($73.21 million), up from R1.12 billion ($59.29 million) in the previous year.
Total income increased by 13.04 percent to $186.28 million, driven by improved customer activity and market-linked revenue streams.
The South African Mouton family owns 24.5 percent of the company.
The South African Mouton family owns 24.5 percent of the company.
PSG Group, a South African-based investment holding company founded and led by one of the country’s wealthiest families, the Mouton family.