Afrimat expects a near doubling of profits

2019-10-01 08:20

Afrimat's SENS report said earnings per share for the period ended 31 August 2019 is expected to be between 182.0 cents and 186.8 cents per share, being an increase of between 91% and 96% compared to the earnings of 95,3 cents per share.

It’s not all about the money

2018-11-22 10:44

Yes, profits are good. But also consider the impact of ethical practices before investing in a business.

Toyota quarterly profit rises on growing sales, cost cuts

2018-11-06 12:55

Toyota has raised its earnings forecast after reporting that its profit surged 28% in the last quarter on growing sales and cost cuts.

Rights issues: Putting investors in a tricky position

2017-12-06 11:36

When a company issues more shares, those who already own some can either buy more or do nothing. Neither option may be appealing, but how should investors respond?

Tata Motors profit up 42% on strong JLR sales, pensions change

2017-08-11 09:58

Indian carmaker Tata Motors on Wednesday reported a 42 percent rise in quarterly profits, buoyed by a one-time gain from changes it made to pension plans at British unit Jaguar Land Rover.

Novus profits fall on weak rand, economy

2016-11-07 18:54

Printing company Novus has seen its profits decrease in the six months to September 2016.

ArcelorMittal sees boost from higher steel prices

2016-05-06 10:42

ArcelorMittal South Africa expects its “overall liquidity” to normalise at acceptable levels after it raised prices, while first-quarter profit dropped 33%.

HSBC's quarterly profit beats estimates

2016-05-03 18:01

HSBC has reported a bigger first-quarter profit than analysts forecast, citing cost controls and strength in commercial banking.

Anglo's first quarter production falls at most units

2016-04-21 09:55

Anglo American's first-quarter production at most of its units has fallen, or remained flat, the firm put measures in place to cope with a slump in commodity prices.

Nedbank full-year profit rises 9.4%

2016-03-02 10:55

Nedbank Group says full-year profit gained 9.4% after the retail unit boosted customer numbers and the bank controlled costs.


NEPI Rockcastle shares slump on Viceroy report over profits

2018-11-28 20:31

NEPI Rockcastle shares slumped the most in almost 10 months in Johannesburg after short sellers Viceroy Research accused the Johannesburg and Amsterdam-listed real estate fund of overstating its profits from Romania.

The devil’s in the detail

2018-11-15 10:59

When releasing results, companies will usually kick off with their best numbers. So, when a set of results seems obscure, or lacks detail, you should probably start asking why.

Pixar's most (and least) successful movies, including a R11.9 billion gross-profit hit

2018-07-07 11:08

We ranked all 20 Pixar movies, including its most recent release, "Incredibles 2," by their net profit to determine which film has been the most financially successful over time.

Forget about equity partner for SAA - analyst

2017-11-17 15:32

Forget about finding an equity partner for South African Airways for the time being, strategy consultant Thabang Motsohi has told Parliament.

Weaker Mr Price pins hope on Christmas sales

2016-11-14 16:41

A difficult trading environment and a late start to the winter put pressure on Mr Price Group’s financial results posted for the 26 weeks ended 1 October 2016.

Acsa tightlipped about minority shareholder allegations

2016-09-28 07:25

Acsa has refused to respond to questions following legal action from two minority equity partners, who reportedly claimed it is holding them “economically hostage”.

RandGold's output declines 11% after setbacks

2016-05-04 12:00

Randgold Resources has maintained its full-year output target as first-quarter production of the metal fell 11% after operational problems at two of its African mines.

Daimler profit dips on E-class relaunch costs

2016-04-22 09:18

Daimler’s first-quarter profit has fallen 8.5% as the car maker’s Mercedes-Benz division spent money to introduce the latest version of the E-Class sedan.

Novartis profit falls as blockbuster cancer drugs sales recede

2016-04-21 09:19

Novartis has said first-quarter earnings have fallen 12% after the company’s best-selling cancer medicine Gleevec faced generic competition in the US.

Tiger Brands slides as grain prices weigh on profit

2016-02-17 09:19

Tiger Brands has fallen the most in more than a month, wiping out this year’s gains as higher grain prices and slowing consumer demand are weighing on profit.

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