Insimbi Refractory and Alloy Supplies Limited (ISB) lifted headline earnings by 54% from 3.9 cents to 6 cents per share for the year ended February.
The group’s operating profit for the 12 months increased by 19% to R29 million, with profit before tax up 32% to R22 million.
This was achieved on the back of a 15% growth in revenue to R845 million.
A total dividend of 3 cents per share was declared for the year. - I-Net Bridge