Barloworld says all business units performing ahead of last year – BDLive
Barloworld, the diversified industrial group, saw revenue rise 11%, operating profit increase 14%, and headline earnings per share shoot up 31% in its interim results to the end of March. view article advance payday irvine
Strong SA, Zimbabwe sales boost PPC results – BDLive
An improvement in South African and Zimbabwean cement sales helped shore up PPC’s results in the interim period ended March, South Africa’s premier cement maker said on Thursday. view article
Strong SA, Zimbabwe sales boost PPC results – Business Day
An improvement in South African and Zimbabwean cement sales helped shore up PPC’s results in the interim period ended March, SA’s premier cement maker said yesterday. view article
Signs of danger – Financial Mail
Bad debts are threatening a seizure in SA’s lending system. First it was Absa. After reassuring the market at the end of 2012 that there was no problem with its bad debt and no need to increase its relatively modest provisioning, three months later it had to make available R1,35 bn to cover newly discovered […]
Raubex posts earnings drop due to penalty provision – Business Day
Listed construction group Raubex said yesterday that revenue climbed 12% in the year ended February. However, profit before tax slumped 8.1% and headline earnings per share dropped 10.5% as a result of a R58.8m provision for a competition commission penalty. view article
Investors sell as Amplats kowtows – Business Report
The government’s apparent bullying of Anglo American Platinum (Amplats) into scaling back its restructuring plan has sent shock waves across the investing community, and threatens to raise fresh doubts about the country’s ability to market its mining sector as an attractive and viable destination for foreign investment. view article
Astral Foods posts worst interim performance – Business Report
An 80% slump in operating profit was the ‘worst’ trading performance Astral Foods had recorded since listing on the JSE in 2001, the poultry producer said yesterday. view article
Sappi Blames European weakness for 77% profit fall – Business Day
Sappi’s profit margin for the six months ended March plunged 77% to $24m from $103m in the same year, mainly due to the woes in Europe, its interim and second quater results, released yesterday, showed. view article
Unsecured share selloff – Citizen
The dramatic selloff of African Bank shares yesterday suggests that skittish investors panicked at the company’s warning that earnings for the six months to March could decline by as much as 28%. view article
PMI up but manufacturing still under pressure – Citizen
South Africa’s seasonally adjusted Purchasing Managers’ Index edged back into expansion territory at 50.5 in April although the manufacturing sector is still struggling, a survey showed yesterday. view article http://www.callejeandomadrid.com/title-loans-wisconsin
