Afrimat sees interim EPS slump 95%-100% to 0.1-5.2 cents

• Afrimat flagged a sharp earnings slump for the six months ended Aug. 31, 2026, citing severe trading conditions.
• EPS seen at 0.1 cents to 5.2 cents, down 95% to 100% from 102.7 cents a year earlier.
• HLPS expected at a loss of 60 cents to 55 cents, versus headline earnings per share of 101.9 cents previously.
• Export iron ore hit by a stronger rand, shipping costs up 49.1%, driving average mine-gate revenue per ton down 16.4%.
• Domestic iron ore volumes remained 36.5% below the prior period; debt-to-equity reduced to below 50% via asset disposals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Afrimat Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604454), on October 07, 2026, and is solely responsible for the information contained therein.