Afrimat flags profit rise as lockdown conditions ease
Mining, industrial minerals and aggregates have benefited from easier operating conditions
04 October 2021 - 08:20
UPDATED 04 October 2021 - 12:43
Building materials and mining group Afrimat has flagged an up to 63% rise in headline earnings per share (heps) in its half year to end-August, off a lowered base after Covid-19 restrictions hit activity in 2020.
In a trading update for the six months to end-August, Afrimat said heps is expected to rise 58%-63%, or headline profit of up to R438m for a group valued at R6.9bn on the JSE...
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