Headline earnings

DRDGOLD ends financial year on a high

DRDGOLD ends financial year on a high

DRDGOLD’s financial year ended on a high following an increase in the group’s operating profit to R1 562.1 million. The company has also declared interim dividends of 50 SA cents per share for the year ended 30 June 2020, bringing the total...

Hulamin H1 profit drops 34%

South African aluminium products maker and marketer Hulamin Ltd on Monday reported a 34 percent drop in first-half operating profit due to electricity shortages and planned maintenance. Africa’s most advanced economy is the midst of its worst...
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Kumba Iron Ore earnings tumble

Kumba Iron Ore Limited has reported a 61% dip in headline earnings, from R6.5 billion to R2.5 billion, in the six months to June mainly as a result of lower realised iron ore export prices. Total revenue of R20.5 billion was 23% lower than the...
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ARM says H1 earnings hit by weak prices

African Rainbow Minerals Ltd (ARM) said on Monday its first-half headline earnings fell by more than 50% due to lower prices for its commodities such as iron ore and platinum. The diversified company said in a statement that headline earnings per...