- South African diversified mining company African Rainbow Minerals said today its headline earnings for FY23 are expected to decrease by between 18% and 27% compared to the corresponding financial year ended 30 June 2022 .
ARM added that basic earnings for FY23 are expected to decrease by between 33% and 42% to between R7,207 million and R8,325 million . "The adverse impact on earnings was partially mitigated by the weaker Rand versus US Dollar exchange rate," ARM said in a press release.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Harmony Gold expects over 100% increase in FY23 basic earningsA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Gold miner Northern Star reports record cash earnings in FY23, increases dividendA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Global mining group South32 earnings down in FY23 due to lower commodity prices and higher costsA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Australia wants EU investment in critical minerals, but first a free trade agreementBy Lewis Jackson and Kirsty Needham SYDNEY (Reuters) - Australia's Trade Minister Don Farrell has dangled easier access to the country's vast critical ...
Source: SaltWire Network - 🏆 45. / 63 Read more »