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February 11, 1997updated 05 Sep 2016 12:34pm

COMPANY RESULT: IBM SOUTH AFRICA GROUP LTD

By CBR Staff Writer

IBM South Africa Group Ltd has reported net profits for the year to December 31 down 27% at the equivalent of $16.6m on revenue that rose 3.7% at $446m. Net earnings per share fell 27% to $0.11. Figures are converted at $0.225 to the South African rand.

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