Insimbi shares jump on possible earnings growth

France Nouvelles Nouvelles

Insimbi shares jump on possible earnings growth
France Dernières Nouvelles,France Actualités

Metals and plastics maker’s share price surges after it says earnings expected to more than double 🔒

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The share price of industrial metals and plastics manufacturer Insimbi surged on Tuesday after it said headline earnings per share for the year to end-February will be more than double those of the previous year.

The company — which sources, processes, beneficiates and recycles metals — saw its shares rise as much as 10.4% to R1.16 in intraday trade, before settling just 1.9% higher at R1.07. The price remains 8.55% weaker since a month ago, but is still up 7% so far this year...

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France Dernières Nouvelles, France Actualités



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