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Assore Limited

ASRJ.J

Latest Trade

23,059.00ZAc

Change

679.00(+3.03%)

Volume

23,484

Today's Range

22,380.00

 - 

23,061.00

52 Week Range

22,050.00

 - 

40,492.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Assore FY HEPS 6,187 Cents, Flags Lower Demand For Stainless Steel Amid Trade Wars

Sept 5 (Reuters) - Assore Ltd <ASRJ.J>::FY RECORD DIVIDEND OF R24,00 PER SHARE.FY REVENUE 8 140 MLN RAND VS 7 805 MLN RAND.FY HEADLINE EARNINGS PER SHARE 6 187 CENTS.FY IRON ORE PRODUCTION 17.8 MLN METRIC TONS, DOWN 4%.PRICES FOR STAINLESS STEEL AND SUBSEQUENTLY CHROME ORE PRICES WEAKENED THROUGHOUT FY19.FY IRON ORE SALES VOLUMES (100% BASIS) 17.5 MLN METRIC TONS, DOWN 2%.TRADE CONFLICT BETWEEN USA AND CHINA HAD A NEGATIVE IMPACT ON CONSUMER CONFIDENCE, RESULTED IN LOWER THAN EXPECTED DEMAND FOR STAINLESS STEEL.PRICES FOR STAINLESS STEEL AND SUBSEQUENTLY CHROME ORE PRICES WEAKENED THROUGHOUT FY19.TAILINGS DAM FAILURE IN BRAZIL, WEATHER DISRUPTIONS IN NORTHERN BRAZIL, WESTERN AUSTRALIA, RESULTED IN REDUCED SEABORNE SUPPLY OF IRON ORE.MARKET CONTINUED TO WITNESS DECLINE IN CHINESE DOMESTIC MANGANESE ORE PRODUCTION.MINING INDUSTRY IN SOUTH AFRICA CONTINUES TO FACE A HIGH LEVEL OF REGULATORY UNCERTAINTY.

Assore Sees FY HEPS Of R59,33 To R63,31

Aug 21 (Reuters) - Assore Ltd <ASRJ.J>::TRADING STATEMENT.HEPS FOR FY19 ARE ANTICIPATED TO BE BETWEEN R59,33 (INCREASE OF 20%) AND R63,31 (INCREASE OF 28%), FROM R49,53 PER SHARE IN FY18.WORLD MANGANESE ALLOY MARKET OVERSUPPLY WORSENED IN H2, WHICH RESULTED IN A CUMULATIVE IMPAIRMENT CHARGE OF R507 MILLION.FY19 ATTRIBUTABLE EARNINGS PER SHARE ARE ANTICIPATED TO BE TO BETWEEN R55,16 AND R58,85 PER SHARE.IMPAIRMENT CHARGE OF R507 MILLION RELATES TO ASSORE'S INDIRECT EFFECTIVE INTEREST IN SAKURA FERROALLOYS SDN BHD, MALAYSIA.

Assore HY Headline Earnings Up 20 Pct To R2,92 Bln

Feb 26 (Reuters) - Assore Ltd <ASRJ.J>::RESULTS FOR THE HALF-YEAR ENDED 31 DECEMBER 2018.HY INTERIM DIVIDEND OF R10 PER SHARE.HEADLINE EARNINGS FOR H1 FY19 INCREASED BY 20 PCT TO R2,92 BILLION.HY REVENUE 3.95 BILLION RAND VERSUS 3.84 BILLION RAND.

Assore Sees HY HEPS Between R26,85 & R29,08 Per Share

Feb 14 (Reuters) - Assore Ltd <ASRJ.J>::TRADING STATEMENT.INCREASED EARNINGS ARE ANTICIPATED TO INCREASE HEPS FOR HY TO BETWEEN R26,85 AND R29,08 PER SHARE.MARKET CONDITIONS FOR MOST PRODUCTS WERE GENERALLY STRONGER OVER SIX MONTHS ENDED 31 DECEMBER 2018.HY REVENUES WERE FURTHER ENHANCED BY A WEAKENED EXCHANGE RATE.

Assore FY HEPS 4,953 Cents

Sept 6 (Reuters) - Assore Ltd <ASRJ.J>::ASSORE LTD - ANNUAL DIVIDEND OF R22,00 PER SHARE.ASSORE LTD - HEADLINE EARNINGS FOR FY18 DECREASING BY 2% TO R5,1 BILLION.ASSORE LTD - RECENT INCREASES IN TRADE TARIFFS HAVE NOT IMPACTED GROUP NEGATIVELY TO DATE.ASSORE LTD - FURTHER ESCALATION OF TENSIONS AND POTENTIAL TRADE WAR COULD IMPACT GLOBAL ECONOMIC GROWTH AND DEMAND FOR STEEL NEGATIVELY.ASSORE LTD FY HEPS 4 953 CENTS.ASSORE - CHINESE AUTHORITIES EFFORTS TO ENFORCE STRINGENT ENVIRONMENTAL CONTROLS HAD POSITIVE IMPACT ON DEMAND FOR CO'S HIGHER QUALITY PRODUCTS.

Assore Says ‍HY Headline Earnings Increased By 11,8%

Feb 21 (Reuters) - Assore Ltd <ASRJ.J>::‍HY HEADLINE EARNINGS INCREASED BY 11,8% TO R2,4 BILLION​.‍INTERIM DIVIDEND INCREASED 67% TO R10 PER SHARE​.‍STRONG DEMAND FOR GROUP'S PRODUCTS IS ANTICIPATED IN SHORT TERM AND PRICES ARE EXPECTED TO REMAIN WITHIN RELATIVELY STABLE RANGES​.‍EXPECTED THAT CHINESE ENVIRONMENTAL POLICIES SHOULD CONTINUE TO SUPPORT DEMAND FOR GROUP'S HIGH-QUALITY PRODUCTS​.

Assore full-year HEPS rises to 5,049 c/shr

Aug 30 (Reuters) - ASSORE LTD <ASRJ.J>::FY ‍REVENUE 7.223 BILLION RAND VERSUS 2.941 BILLION RAND YEAR AGO ​.FY ‍HEADLINE EARNINGS PER SHARE (BASIC AND DILUTED) 5,049 CENTS VERSUS 1,690 CENTS YEAR AGO.‍HEADLINE EARNINGS FOR FINANCIAL YEAR TO 30 JUNE 2017 (2017 OR REPORTING PERIOD) INCREASED BY 199% TO A RECORD OF R5,2 BILLION​.‍PROSPECTS FOR ECONOMIC GROWTH CONTINUE TO IMPROVE IN MOST REGIONS AND UNDERLYING MARKET FUNDAMENTALS REMAIN POSITIVE​.‍ASSORE ( BOARD) HAS DECLARED A FINAL DIVIDEND OF 800 CENTS (2016: 500 CENTS) PER SHARE​​.

Assore expects full-year HEPS up 179.3 pct-208.5 pct​

Aug 17 (Reuters) - ASSORE LTD <ASRJ.J>::‍HEADLINE EARNINGS FOR FINANCIAL YEAR ARE ANTICIPATED TO INCREASE TO BETWEEN R4,870 MILLION (INCREASE OF 179.2 PCT) -R5,380 MILLION (INCREASE OF 208.5 PCT)​.‍SEES FY HEADLINE EARNINGS PER SHARE BETWEEN R47,20 (INCREASE OF 179.3 PCT) AND R52,14 (INCREASE OF 208.5 PCT) PER SHARE​.

Assore appoints Charles Edward Walters as CEO

July 3 (Reuters) - Assore Ltd <ASRJ.J>:Christopher John Cory has retired as an executive director and chief executive officer of Assore with effect from 30 June 2017.Charles Edward Walters has been appointed as an executive director and chief executive officer with effect from 1 July 2017.

Assore Ltd six-month HEPS rises

Assore Ltd <ASRJ.J>: Results for half-year ended Dec. 31, 2016 . Headline earnings for six months to Dec. 31, 2016 (current period) increased by 194.2 pct to R2.2 billion . Six-month revenue 3.28 billion rand versus 1.34 billion rand year earlier . HY headline earnings (basic and diluted - cents) 2,105 cents versus 715 cents . Board has declared an interim dividend of 600 cents (2015: 200 cents) per share . As was case in 2016 calendar year, growth in world steel market is expected to be muted .Crude steel production is expected to remain relatively flat for 2017 calendar year.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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