https://newsletter.mw.creamermedia.com
Africa|Coal|Financial
Africa|Coal|Financial
africa|coal|financial

Salungano warns of widended headline loss

The Elandspruit mine

Photo by Creamer Media

1st October 2025

By: Creamer Media Reporter

     

Font size: - +

Coal trader Salungano Group, which owns coal mines and processing plants in South Africa, expects to post a widened headline loss a share to between 110c and 114c for the financial year ended March 31, 2024.

That compares with the headline loss a share of 58.65c reported for the 2023 financial year.

Meanwhile, the group expects to report a loss a share of between 33c and 37c for the 2024 financial year. That represents an improvement on the loss a share of 168.52c reported for the 2023 financial year.

Salungano intends to release its full results for the 2024 financial year on October 7.

The group has faced various delays in the publication of its results for the 2024 financial year, as well as of its interim and full-year results for 2025, following changes in auditors and in the finance function within the group itself.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Research Reports

Showroom

Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Graduate School Of Technology Management (GSTM)
Graduate School Of Technology Management (GSTM)

Advancing leadership in technology, innovation, and project management excellence

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/09/2025)
26th September 2025 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.052 0.127s - 126pq - 2rq
Subscribe Now