Exxaro almost doubles operating profit despite coal transport woes
At a time of high coal prices, exports fell by close to a third, hindered by problems at Transnet
16 March 2023 - 08:34
SA’s largest coal miner, Exxaro, almost doubled its operating profit, helped by higher local coal sales and export prices.
The company, valued at R63.2bn on the JSE, reported operating profit (revenue minus operating expenses) of R16.2bn in its 2022 annual results for the year to end-December...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.