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Tag Archives: Performance / Results / Earnings

South Africa’s Massmart H1 profit drops 42 percent

JOHANNESBURG, Aug 23 (Reuters) – South African retailer Massmart Holdings reported a 42 percent drop in half-year profit on Thursday due to restructuring costs and weak consumer spending. Massmart, a unit of Walmart Inc , said headline earnings per share (EPS) for the 26 weeks through July 1 came in …

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South Africa’s Sibanye-Stillwater swings into H1 profit

JOHANNESBURG, Aug 23 (Reuters) – South African precious metals producer Sibanye-Stillwater swung to a half-year profit, bolstered by the inclusion of its U.S platinum operations and higher platinum group metals basket price. Headline earnings per share (HEPS) for the six months to June 30, 2018 rose to 4 cents per …

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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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UPDATE 1-South Africa’s Absa H1 profit down 4 percent

(Adds details) 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 …

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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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