WATCH: Thungela’s interim earnings more than halve
Business Day TV spoke to Thungela Resources CEO July Ndlovu
19 August 2024 - 19:14
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Thungela Resources CEO July Ndlovu. Picture: GEOFF BROWN
Weak coal prices and rail issues at Transnet have weighed on Thungela Resources. The coal miner reported a 58% decline in half-year headline earnings per share, causing it to lower its dividend to R2, reflecting an 80% decline. Business Day TV unpacked the numbers with CEO July Ndlovu.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Thungela’s interim earnings more than halve
Business Day TV spoke to Thungela Resources CEO July Ndlovu
Weak coal prices and rail issues at Transnet have weighed on Thungela Resources. The coal miner reported a 58% decline in half-year headline earnings per share, causing it to lower its dividend to R2, reflecting an 80% decline. Business Day TV unpacked the numbers with CEO July Ndlovu.
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