Home / Tag Archives: Performance / Results / Earnings

Tag Archives: Performance / Results / Earnings

South Africa’s Royal Bafokeng Platinum narrows H1 loss

JOHANNESBURG (Reuters) – South African platinum producer Royal Bafokeng Platinum said on Monday its half-year loss narrowed but was still weighed down by an impairment cost, care and maintenance costs and operational readiness costs from its newly acquired Maseve operations. A truck drives past the entrance to the Royal Bafokeng …

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South Africa’s Absa H1 profit down 4 percent

JOHANNESBURG, Aug 6 (Reuters) – South African lender Absa Group reported a 4 percent fall in half-year profit on Monday, weighed down by costs related to its separation from former parent Barclays . Headline earnings per share (EPS) came in at 877.8 cents in the six months ended June compared …

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ArcelorMittal South Africa swings to first-half profit

JOHANNESBURG (Reuters) – ArcelorMittal’s South Africa unit (ACLJ.J) swung back to a modest profit in the first half of the financial year, boosted by higher steel prices and upbeat sale volumes, the firm said on Wednesday. Diluted headline earnings per share (HEPS) for the six months ended 30 June, 2018, …

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ArcelorMittal South Africa swings into first-half profit

JOHANNESBURG (Reuters) – ArcelorMittal’s South Africa unit (ACLJ.J) swung back into a modest profit in the first half of the financial year, boosted by higher steel prices and upbeat sale volumes, the firm said on Wednesday. Diluted headline earnings per share (HEPS) for the six months ended 30 June, 2018, …

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South Africa’s Massmart warns H1 profit could fall 26 pct

JOHANNESBURG, July 30 (Reuters) – Massmart Holdings expects half-year profits to fall by as much as 26 percent, the South African retailer said on Monday citing muted sales growth. It expects headline earning per share (HEPS) excluding costs for restructuring at Massdiscounters and Masscash of 124.7-141.5 cents per share for …

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