The Daily Update: 17 August

The latest updates from the JSE and NYSE over the past 24 hours.

South Africa

Mpact Limited

• Two prescribed officers sold R3 476 663.88 worth of shares.

Karooooo Limited

• The CFO of the Company acquired Karoooo shares worth R1 156 760.
• The COO of the Company acquired Karooooo shares worth R479 600.

Gold Fields Limited

• Profit of $458 million, a decrease of 10.2%.
• EPS of $0.51, down from $0.57 in the previous year.
• Gold produced decreased from 1 201 000 ounces to 1 154 000 ounces.
• Revenue of $1 927 per ounce, compared to $1 851 per ounce in 2022.
• Interim dividend of 325 SA cents per share.
• Mr. Paul Schmidt, CFO of Gold Fields, plans to retire.

Exxaro Resources Limited

• Revenue: R18.9 billion, down 15% from R22.3 billion
• Profit (net operating profit): R6.3 billion, down 32% from R9.2 billion in 2022.
• Headline earnings per share: 2,443 cents, down 29% from 3,426 cents in 2022.
• Interim dividend: 1,143 cents per share, down from 1,593 cents per share in the previous period.

Standard Bank Group Limited

• Total income: R87.2 billion, up 29% from 1H22.
• Earnings per ordinary share: 1,322.4 cents, up 35% from 1H22.
• Headline earnings per ordinary share: 1,280.6 cents, up 34% from 1H22.
• Total dividend per ordinary share: 690 cents, up 34% from 1H22.
• Net asset value per ordinary share: R13,928, up 10% from 1H22.
• Banking cost-to-income ratio: 50.5%, improved from 55.5% in 1H22.
• Return on Equity (ROE): 18.9%, increased from 15.7% in 1H22.

Master Drilling Group Limited

• EPS is expected to increase by between 19.9% and 29.9%.
• HEPS is expected to increase by between 20% and 30%.