Insimbi Industrial Holdings

Insimbi expects to report a loss in HEPS between 1.1 and 1.3 cents for the six months ending August 2024, a drop of over 100%. The decline is due to lower economic activity and volatile commodity prices, which hurt revenues and margins. FX losses of R6.6m and non-recurring costs, including R10.4m from asset disposals and R8.6m for retrenchments and legal fees, further impacted results.
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