Merafe Sees Lower Profits

Industrial Metals

BusinessReport reported that Merafe Resources (OTC Pink:MERFF) is expecting lower earnings per share at year-end.

BusinessReport reported that Merafe Resources (OTC Pink:MERFF) is expecting lower earnings per share at year-end.

As quoted in the market news:

Merafe, the black economic empowerment company with interests in ferrochrome in SA, said basic earnings per share were expected to be between 5 cents and 6 cents, compared with 11 cents a year ago.

Click here to read the full BusinessReport report.

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