Afrimat’s annual operating profit surged 27.5 per cent to R471.2 million, boosted by strong demand from its iron ore operations. However, the construction and mining group withheld its final dividend to use the cash to cement its balance sheet from Covid-19. Afrimat CEO, Andries Van Heerden joins CNBC Africa to review the numbers.
Afrimat FY HEPS surge, withholds final dividend
PUBLISHED: Thu, 21 May 2020 15:23:14 GMT