https://www.engineeringnews.co.za

Grindrod to post R871m core HEPS for 2021

22nd February 2022

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

JSE-listed Grindrod says it handled record mineral volumes at its Port and Terminals operations, as well as performed strongly within its coastal shipping and container depot business, in 2021.

The group expects to report a 460% increase in headline earnings to between R603-million and R633-million for 2021, compared with a headline loss of R168-million reported in 2020.

Headline earnings a share will likely be between 89.9c and 94.3c, against a 24.8c headline loss in 2020.

Core headline earnings, which constitute the Port and Terminals, Logistics, Bank and Group operations, will be between R871-million and R901-million for the year, compared with core headline earnings of R333-million in the prior year.

Grindrod will release its results on or about March 3.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ALBIS FLANGES (Pty) Ltd
ALBIS FLANGES (Pty) Ltd

ALBIS FLANGES — founded in 1965 — is a petro-chemical approved manufacturer of flanges and fittings in most grades of steel, listed with Sasol,...

VISIT SHOWROOM 
Sulzer Pumps (SA) (Pty) Ltd
Sulzer Pumps (SA) (Pty) Ltd

Sulzer South Africa, established in 1922, partners with critical industries like power, oil & gas, water, mining, and chemicals to boost...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.057 0.961s - 158pq - 2rq
Subscribe Now