Omnia profit drops against tough economic backdrop

June 26, 2017

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South African diversified chemicals maker Omnia Holdings’ full-year profit dropped 7% as a tough economic environment hit its mining and chemicals divisions, the company said on Tuesday. Headline earnings per share (EPS), the main profit measure in South Africa that strips out certain one-off items, fell to 881c for the year ended March 31 from 944c in the previous period.

Category: General