Salient features

  • Loss from operations decreased from R4 736 million to R1 092 million;
  • Headline loss reduced from R5 370 million to R2 589 million;
  • Rights issue decreased net debt and resulted in savings on finance costs;
  • Three fatalities and a higher lost time injury frequency rate, deteriorating from 0.48 to 0.62;
  • Low GDP growth and lack of infrastructure spend resulted in domestic demand at a seven-year low...
  • Read more