https://www.engineeringnews.co.za

York expects 425% rise in H1 earnings

York expects 425% rise in H1 earnings

Photo by Duane Daws

20th February 2015

By: Natalie Greve

Creamer Media Contributing Editor Online

  

Font size: - +

York Timbers expects its earnings a share and headline earnings a share for the six months ended December 31 to jump by between 425% and 445% to between 21c and 21.8c.

Operating profit was likely to be between 55% and 65% higher than that reported for the first six months of the prior financial year.

In contrast, net cash flow from operating activities was likely to drop by between 95% and 105%, owing mainly to the timing of purchases of imported plywood. 

York added that the company’s biological asset valuation at the end of 2014 had exceeded that of the prior year.

The company was expected to release its interim results on March 31.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024

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







sq:0.249 0.313s - 171pq - 2rq
Subscribe Now