Buffalo Coal reports losses for September quarter
Coal miner and supplier Buffalo Coal on Friday reported a headline loss a share, for both basic and diluted shares, of R0.05 for the three months to September 30.
This is a 71% variance from the R0.18 a share reported for the September 2018 quarter.
Buffalo also reported a loss a share, for both basic and diluted shares, of R0.05 for the period under review, also 71% lower than the R0.18 a share reported for the September 2018 quarter.
Revenue came in at a loss of R99.7-million for the three months, a 52% difference from the same quarter in 2018.
Buffalo operates in South Africa, and has a primary listing on the TSX-V and a secondary listing on the AltX.
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