{"id":12113,"date":"2021-06-14T17:24:54","date_gmt":"2021-06-14T17:24:54","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=12113"},"modified":"2021-06-14T16:54:14","modified_gmt":"2021-06-14T16:54:14","slug":"omnia-holdings-flags-jump-in-annual-profit","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit","title":{"rendered":"Omnia Holdings flags jump in annual profit"},"content":{"rendered":"

Africa-Press<\/a> – South-Africa<\/a>. <\/strong><\/span>OMNIA Holdings expects its annual profit to jump as much as 161 percent after restructuring and asset sales, the maker of chemicals and fertiliser said on Friday.<\/p>\n

Omnia expects headline earnings per share \u2013 the main profit measure used in South Africa \u2013 of 371 cents to 402c per share versus 154c a year earlier, the explosives maker said.<\/p>\n

It said it had recorded a one-off profit from the $146.9 million (about R2.012 billion) sale of its Oro Agri division to agricultural services firm Rovensa.<\/p>\n

Omnia said the group\u2019s operational performance had exceeded expectations despite coronavirus lockdowns in the first quarter and a resurgence in infections across regions where it operates.<\/p>\n

\u201cOmnia remains focused on its commitment to improve overall returns through the pursuit of organic and inorganic growth opportunities, greener technologies and expansion into geographies that enhance its impact in the world and ultimately create value for stakeholders,\u201d the company said.<\/p>\n

Omnia is expected to release its results for the year to the end of March on June 22.<\/p>\n

REUTERS<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. OMNIA Holdings expects its annual profit to jump as much as 161 percent after restructuring and asset sales, the maker of chemicals and fertiliser said on Friday. Omnia expects headline earnings per share \u2013 the main profit measure used in South Africa \u2013 of 371 cents to 402c per share versus 154c […]<\/p>\n","protected":false},"author":84,"featured_media":12112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,275],"class_list":["post-12113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nOmnia Holdings flags jump in annual profit - South Africa<\/title>\n<meta name=\"description\" content=\"OMNIA Holdings expects its annual profit to jump as much as 161 percent after restructuring and asset sales, the maker o ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Omnia Holdings flags jump in annual profit\" \/>\n<meta property=\"og:description\" content=\"OMNIA Holdings expects its annual profit to jump as much as 161 percent after restructuring and asset sales, the maker o ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-14T17:24:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/06\/img-60c7899241282.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Omnia Holdings flags jump in annual profit\",\"datePublished\":\"2021-06-14T17:24:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit\"},\"wordCount\":176,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/06\/img-60c7899241282.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/omnia-holdings-flags-jump-in-annual-profit\",\"name\":\"Omnia Holdings flags jump in annual profit - 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