Assore reports record earnings as well as good safety figures

📆 05/09/2019 16:15:00
📰 BDliveSA

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Headline earnings increase by 41% due to high iron ore and manganese prices and a weak rand

Assore, a tightly held mineral resources company, has reported record earnings for the third consecutive year.

Assore’s primary investment is a 50% holding in Assmang, which it controls jointly with Patrice Motsepe’s African Rainbow Minerals . The attributable profit for Assore’s Dwarsrivier chrome operations, however, declined by 41% to R516m due to lower prices for chrome ore and increased operating costs. The reduced profit was compounded by a labour strike at the mine in March this year.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Controversial debt-relief law taking a bite out of earnings, says TFGThe group says it is being cautious in extending credit, but reported 14.1% growth in cash turnover for TFG Africa for the first 21 weeks of its 2020 year
La source: BDliveSA - 🏆 12. / 63 Lire la suite »