Buffalo Coal posts R87m interim loss

TSX- and AltX-listed Buffalo Coal Corporation has posted a net loss of R87-million for the six months ended June 30, compared with a net profit of R25.3-million reported for the six months ended June 30, 2019.

This is a decrease of more than 200% year-on-year and translated to a headline loss a share of 0.21c, compared with headline earnings a share of 0.06c in the prior interim period.