Highlights of the day: 25 July

FinMeUp highlights of the day

South Africa

Anglo American Platinum- 2022 Interim results

• Dollar basket price per PGM ounce sold decreased by 7%.
• Rand basket price per PGM ounce sold decreased by 1%.
• Net revenue decreased by 20% to R85.6 billion.
• Adjusted EBITDA including trading decreased by 32% to R42.8 billion.
• Mining EBITDA margin decreased by 12 percentage points to 59%.
• Basic EPS decreased by 43% to 101.25 cents per share.
• Net cash decreased by 27% to R41.8 billion.
• Dividends have decreased 54% to R81 a share.

Sasol Limited

• Sasol has begun receiving crude oil shipments again and will refine fuel at Natref.

Cashbuild Limited- Fourth quarter operational update

• Revenue decreased 12% for the year ended 30 June 2022.
• Transactions through the tills during the fourth quarter decreased by 16% compared to the fourth quarter of the previous financial year.
• Cashbuild opened 14 new stores and now has 318 stores in total.

Impala Platinum Holdings Limited

• Impala has acquired a further 300,000 Royal Bafokeng shares and now owns approximately 37.93% of the RBPlat Shares in issue.

The U.S.

Intel

• Intel and MediaTek announced a strategic partnership for manufacturing chips using Intel Foundry Services' advanced process technologies.

Apple

• Apple had filed patents for self-driving and other vehicle software.

Newmont Earnings

• EPS of $0.46 missing expectations of $0.61.
• Revenue of $3.06B beating expectations of $3.04B.

Biggest Winners and Losers

JSE

• Telkom 6.27%
• Goldfields -6.41%

U.S.

• Intuitive Surgical +3.00%
• Nvidia -3.04%

Crypto

• Bitcoin -4.0%
• Ethereum -5.4%
• Cardano -6.2%