Merafe reports big drop in revenue, HEPS on idled smelters
Following a challenging year for the company, Aim-listed Merafe Resources has reported a 31% decrease in revenue to R5.84-billion, and a 72% decrease in headline earnings per share (HEPS) to 12.2c for the year ended December 31, 2025. Merafe also reported a 79% decrease in basic earnings per share to 5.7c and no change in the final cash dividend of 8c a share.
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