Omnia posts full-year loss on mix of negative drivers

Omnia Holdings, a South African chemicals and fertiliser maker, reported a full-year loss on Tuesday as a volatile currency, droughts, changes in the mining industry and difficult global trading conditions dented its business. The company, which also produces explosives, posted a headline loss per share (HEPS) – the main profit measure used in South Africa – of 112c for the year ended March 31, compared with 991c a year earlier.