Assore achieves third consecutive earnings record

JSE-listed Assore has achieved record attributable earnings for the third consecutive financial year, as iron-ore prices increased and the rand:dollar exchange rate weakened. The group on Thursday posted a 25% year-on-year increase in headline earnings to a record of R6.4-billion for the 12 months to June 30, while attributable earnings increased by 16% year-on-year to R5.9-billion.