Healthcare, LPG demand boosts Afrox’s H1 earnings

PUBLISHED: Mon, 16 Sep 2019 15:51:04 GMT


African Oxygen Limited released its interim results today. Afrox’s headline earnings per share was up 7 per cent to 111 cents and cash generated from operations grew to R485 million from R232 million in the previous period. They have declared a dividend of 55 cents, up from 52 cents in the previous reporting period. CFO Matthias Vogt joins CNBC Africa for more.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.