Adds element, CEO quote
Adds element, CEO quote
JOHANNESBURG, Nov 26 (Reuters) – South African chemical substances and fertiliser maker Omnia Holdings OMNJ.J reported a half-year revenue on Tuesday boosted by its mining division, regardless of tough buying and selling situations in its agricultural enterprise.
The agency, which additionally produces explosives, posted a headline earnings per share (HEPS) – the primary revenue measure utilized in South Africa – of 49 cents per share for the six months ended on Sept. 30. That compares with a lack of 122 cents per share throughout the identical interval a 12 months earlier.
Omnia stated that through the half-year interval its agricultural division skilled tough buying and selling situations as a result of subdued commodity costs.
Its mining enterprise, nonetheless, was supported by increased bulk volumes in South Africa, improved profitability in mining chemical substances and new worldwide enterprise.
Income for the six months was principally flat at 8.723 billion rand ($593.10 million) from 8.654…