Anglo American Platinum FY22 Profit, Revenue Fall

Anglo American Platinum Limited (AAUKY.PK,AAL.L), a South African platinum producer, on Monday reported a decline in earnings for 2022, reflecting a fall in revenue.

For fiscal 2022, the firm registered a net profit attributable to owners of the company of R49.153 billion or 18,649 cents per share, lower than last year's R78.978 billion or 29,976 cents per share.

Pre-tax income was at R66.768 billion, compared with R108.311 billion of 2021.

Net revenue moved down to R164.090 billion as against R214.568 billion of previous year.

Gross revenue fell to R164.104 billion from R 214.580 billion of previous year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Shares of Inditex SA were gaining around 6 percent in the morning trading in Spain after the clothing firm that owns Zara reported Wednesday significant growth in its first-quarter profit on higher revenues as well as the absence of a prior year provision. Regarding the second quarter to date, the company said its store and online sales in constant currency between May 1 and June 4 increased 16.. The U.S. Consumer Product Safety Commission or CPSC, along with Golden, Colorado-based Boppy Co., urged consumers to stop using recalled Boppy Newborn Loungers, following reports of more infant deaths. They also asked online marketplaces to stop selling the recalled product. The company in September 2021 had recalled over 3.3 million infant lounging pillows after it was connected with deaths of 8 Apple has unveiled a bunch of new products for its customers including its first spatial computer Vision Pro Headset. The tech major has also introduced iOS 17, 15-inch MacBook Air, iPadOS 17, TvOS 17 For Apple TV, WatchOS 10 For Apple Watch, New Mac Studio, Mac Pro, and M2 Ultra, among others. The Apple Vision Pro features visionOS, the world's first spatial operating system.
Follow RTT