May 14, 2024, 9:42 p.m.
The Daily Update: 21 August
May 15, 2024
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FinMeUpThe latest updates from the JSE and NYSE over the past 24 hours.
 
South Africa
Curro Holdings Limited
- Average learner numbers increased by 3% to 72,385 for the first half of 2023.
- Revenue increased by 16% to R2 389 million
- EBITDA increased by 21% to R566 million.
- Recurring HEPS increased by 36% to 34.6 cents per share.
- HEPS increased by 26% to 34.6 cents per share.
- EPS increased by 21% to 33.4 cents per share.
- The board decided not to declare a dividend for the six months ended 30 June 2023.
Thungela Resources Limited
- Profit for the reporting period was R3.0 billion, a decrease from R9.6 billion in H1 2022.
- Earnings per share decreased by 67% to 2,245 cents.
- Adjusted operating free cash flow was R4.3 billion, compared to R8.9 billion in H1 2022.
- Net cash position was R13.6 billion, compared to R14.8 billion in H1 2022.
- Interim ordinary cash dividend declared of R10 per share (down 83%)
- Zibulo North Shaft project approved, increasing life of mine by 10 years.
- Ensham acquisition in Australia announced, contributing to geographical diversification.
- Soft coal prices and Transnet Freight Rail underperformance affected performance.
- Efforts to improve rail performance with collaboration between TFR and industry.