Edition:
United States

Insimbi Refractory and Alloy Supplies Sees FY HEPS Between 13.46 Cents And 14.47 Cents


Monday, 27 May 2019 08:10am EDT 

May 27 (Reuters) - Insimbi Refractory and Alloy Supplies Ltd ::TRADING UPDATE – YEAR ENDED 28 FEBRUARY 2019.SEES HEPS BETWEEN 13.46 CENTS (-27%) AND 14.47 CENTS (-20%) FOR YEAR ENDED 28 FEBRUARY 2019.INSIMBI PLASTICS HAD DIFFICULT TRADING YEAR EXACERBATED BY EXTENDED STRIKE IN PLASTICS INDUSTRY.FULL GOODWILL OF R8,9 MILLION ATTRIBUTED TO INSIMBI PLASTICS BE IMPAIRED DURING YEAR.TO EARLY ADOPT IFRS 16 - NEW STANDARD ON ACCOUNTING FOR LEASES NEGATIVELY IMPACTING FY EARNINGS BY R1,9 MILLION. 

Company Quote

115.0
1.0 +0.88%
25 Jun 2019