Business
Platinum and chrome miner Talisa reported a 29% fall in half-year profits on Thursday as lower costs and platinum group metals (PGM) prices weighed on the group’s results.
Talisa reported profit after tax of $39 million (about R713 million) for the six months to March, but net earnings per share fell 25 percent to R13.2. Net cash flow from operating activities fell 11 percent to $86 million.
The group declared an interim dividend of $1.5 cents per share, half the amount from the previous year.
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“The platinum and chrome miner declared an interim dividend of 1.5 cents per share, down from 3 cents previously.”
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Source link: https://www.news24.com/fin24/companies/tharisa-halves-interim-dividend-as-costs-climb-20240523
