https://newsletter.en.creamermedia.com
Business|Container|Grindrod|Logistics|Terminals|Operations
Business|Container|Grindrod|Logistics|Terminals|Operations
business|container|grindrod|logistics|terminals|operations

Grindrod to post R871m core HEPS for 2021

22nd February 2022

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

JSE-listed Grindrod says it handled record mineral volumes at its Port and Terminals operations, as well as performed strongly within its coastal shipping and container depot business, in 2021.

The group expects to report a 460% increase in headline earnings to between R603-million and R633-million for 2021, compared with a headline loss of R168-million reported in 2020.

Headline earnings a share will likely be between 89.9c and 94.3c, against a 24.8c headline loss in 2020.

Core headline earnings, which constitute the Port and Terminals, Logistics, Bank and Group operations, will be between R871-million and R901-million for the year, compared with core headline earnings of R333-million in the prior year.

Grindrod will release its results on or about March 3.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Amsted Reelin image
Amsted Reelin

REELIN is Currently the largest supplier of Bearings to Transnet. We have contracts to supply bearings, draft gears slackadjusters and other...

VISIT SHOWROOM 
ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 18 July 2025
Magazine round up | 18 July 2025
18th July 2025
Lanseria to get several major upgrades
Lanseria to get several major upgrades
16th July 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.202 0.291s - 187pq - 2rq
Subscribe Now