« Highest BEE rating for firm with no black ownership | Main | Zuma and Khumalo rift revealed »
April 17, 2009
Afrimat warns of sharp profit fall in 2009
JSE-listed building materials supplier Afrimat expects its earnings a share (EPS) and headline EPS for its 2009 financial year to be between 35% and 45% lower than the year before.
The company said in a trading update that the decline related to significant start-up costs of new operations, as well as to costs associated with changes in its black economic-empowerment (BEE) shareholding structure.
Posted by StaffWriter at April 17, 2009 3:15 PM
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)