Trans Hex Reports Group Profit Of R32.9 Million

Gem Investing

Mining Weekly reported Trans Hex (PINK:TRHXY) reported group profit of R32.9-million in the six months to September 2012, an increase of R1.7 million from last year.

Mining Weekly reported Trans Hex (PINK:TRHXY) reported group profit of R32.9-million in the six months to September 2012, an increase of R1.7 million from last year.

As quoted in the market news:

The diamond producer said in a statement that its South African operations generated 21.6% higher sales revenue, from R272-million in September 2011, to R330.7-million.

Trans Hex, however, reported a lower average price of $1 205/ct in the first half of 2011, down from $1 372/ct achieved the year before.

Click here to read the full Mining Weekly report.

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