earnings

South African automotive group, Motus Holdings, has reported a mixed performance for the first half of its 2025 financial year, with a challenging first quarter due to economic slowdowns followed by a strong recovery in the second quarter. 

Motus reports 4% decline in operating profit

JSE-listed food service group BidCorp has reported a 10 per cent year-on-year increase in headline earnings per share to R12.67 for the 6-months ended 31 December 2024. 

BidCorp H1’25 HEPS up 10% 

Sasol has reported a 31 per cent decline in its headline earnings per share for the 6-months to December 2024 - largely due to further write-downs of its Secunda and Sasolburg facilities. 

Sasol skips H1 dividend on lower demand 

Mining companies dominated local headlines this week. The world’s biggest miners were hurt by China’s economic struggles. 

China’s economic struggles weigh on mining giants 

CNBC Africa’s Godfrey Mutizwa spoke to Mike Fraser, CEO, Gold Fields for more on the company’s full-year performance. 

Gold Fields FY24 HEPS jumps 41%

Kumba Iron Ore reported a fall in headline earnings per share. The group said the 2024 financial performance reflected its decision to reconfigure its business to a lower production profile.

Kumba Iron Ore FY revenue slumps 21%

DRD Gold has reported a 74 per cent increase in its FY2025 half-year operating profit as it reaps the benefits of higher gold prices and an increase in gold sales. 

DRD Gold H1’25 HEPS climbs 65%

JSE-listed construction and engineering group, Aveng, has reported a first-half loss for the 2025 financial year, due to delays in its Australia and Southeast Asia infrastructure projects. 

Aveng sees first-half loss on softening market demand

Shares of Anglo American Platinum pared gains in afternoon trade after popping more than 4 per cent earlier. 

Amplats sees 40% drop in FY24 HEPS 

Fintech group, Lesaka Technologies, has published its results for the second quarter of its 2025 financial year, beating its profitability guidance and reaffirming its full year guidance for 2025. 

Lesaka Technologies reports 42% net revenue growth in Q2’25

Tiger Brands has reported a 4 per cent increase in full-year earnings, driven by price hikes to offset rising input costs and gains from the sale of its noncore assets. 

Tiger Brands full-year revenue up 1% to R37.7bn

Fintech group Capital Appreciation has reported a slight decline in interim earnings but noted an improvement in sentiment with a revitalised interest in the group’s products and services in the second quarter.

EARNINGS