HY Results – Revenue rose 22% to R3.45 billion. Operating profit saw a decline of 59%, dropping from R36 million to R15 million as a result of higher feed costs and electricity outages. The company’s headline earnings took a significant hit, decreasing by 82% from R31 million to R6 million. Headline earnings per share (HEPS) suffered an 82% decline to 2.9 cents. Lastly, the company did not declare any dividends.
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