WATCH: Exxaro’s interim earnings plunge more than a third

Business Day TV speaks to Exxaro CEO Nombasa Tsengwa about the company’s performance

Exxaro’s offices. Picture: REUTERS/MIKE HUTCHINGS
Exxaro’s offices. Picture: REUTERS/MIKE HUTCHINGS

Lower coal and iron ore prices weighed heavily on Exxaro as half-year headline earnings per share slumped 37% to R15.28, prompting the mining company to cut the interim dividend by 30% to 796c. Business Day TV spoke to CEO Nombasa Tsengwa for more details on the performance.

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