Jubilee’s interim profit halves on blackouts and delays
The metals-processing company, which is grappling with load-shedding, has already lowered its guidance for the rest of its financial year
20 March 2023 - 17:11
UPDATED 21 March 2023 - 19:30
Jubilee Metals’ interim profit more than halved as the metals-processing company grapples with the power crisis in SA and delays in Zambia.
The company, valued at R4.5bn on the JSE, on Monday reported in its results for the six months to end-December that operating profit fell 45.9% to £4.66m (R105.58m) and profit more than halved to £4.07m...
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