Invicta falls, sees lower profitsComment on this story
Johannesburg - Shares of engineering and capital equipment group Invicta Holdings fall almost 9 percent after company says it expects interim earnings to drop between 20 and 30 percent because of the five-month platinum strike which ended last month and a current stoppage in the metals and engineering sectors.
The company's shares are 8.6 percent lower at 101.00 rand, making it the biggest decliner on the All-share index, which is down 0.22 percent.
Invicta supplies services and equipment to the mining and engineering sectors. - Reuters