Afrimat first-half earnings per share drop 97% to 2.6 cents

Bitget2026/10/22 05:16

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Afrimat’s earnings per share plunged 97% to 2.6 cents for the six months ended August 31, 2026.
Revenue fell to R5.1 billion, while operating profit dropped 33% to R255.2 million, hurt by Bulk Commodities and Cement.
Cash generated from operations rose 21% to R433.1 million, supported by working capital management; no interim dividend was declared.
Cement’s Kiln 3 resumed operations September 1, with improved clinker availability expected to benefit the loss-making business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Afrimat Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S605349), on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Afrimat first-half earnings per share drop 97% to 2.6 cents

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