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Argent Industrial Ltd Comments On H1 2014 Earnings Guidance


Friday, 1 Nov 2013 06:30am EDT 

Argent Industrial Ltd announced that for first half of 2014, it expects headline earnings per share and earnings per share (EPS) to be between ZAR0.127 and ZAR0.221 per share and ZAR0.085 and ZAR0.177 per share respectively. Argent’s operating profits were affected by strikes in four of its divisions which are estimated to have cost the group ZAR7.2 million. The volatility and devaluation of the Rand / Dollar exchange rate has resulted in foreign exchange losses on imports to the value of ZAR8.3 million. 

Company Quote

560.0
5.0 +0.90%
11 Jul 2014