JOHANNESBURG (miningweekly.com) – JSE-listed Trans Hex expects to report a loss a share of 188.4c for the six months ended September 30, the company said in a trading statement on Tuesday.
Its headline loss a share is expected to be 195.1c, compared with headline earnings a share of 31.4c in the previous corresponding period.
Group net loss amounted to R199.2-million while sales revenue from wholly owned South African operations decreased by 45.6% to R149.7-million.
Trans Hex’s gross loss from South African land operations amounted to R191-million.
The company expects to release its interim results on November 9.