Afrimat, a leading open-pit mining company providing industrial minerals, commodities and construction materials, has released encouraging interim results for the six months ended 31 August 2017.
The firm’s HEPS (Headline Earnings Per Share) rose 7.4% to 102.2 cents. Meanwhile, contribution from operations’ margin stood at 16.4%, NAV (Net Asset Value)/share for the period was 809 cents, interim dividend was 20 cents/share, and Afrimat’s return on net operating assets was 22.3%.
Andries van Heerden, CE