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Labrish
Nyuuz
Omnia Mining Boom Delivers Big Payout
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[QUOTE="Munyaradzi Mafaro, post: 42213, member: 636"] Omnia Holdings made strong profits during the year ending March 2025. The company earned R22.82 billion from sales across all business areas. Mining operations drove most of the success as copper and battery metal prices climbed higher. The agriculture division faced tough times from currency problems and weather disasters. CEO Seelan Gobalsamy said mining customers want more products for clean energy projects. Zimbabwe created headaches with money issues and new rules that hurt business. Zambia suffered from severe drought that damaged crop sales badly. Mozambique violence forced the company to ship products through Namibia instead of normal routes. These problems cost Omnia extra money and reduced profits from African farm operations. South African agriculture and mining units performed much better than expected. The board approved dividend payments of 675 cents per share for investors. Regular dividends increased to 400 cents from 375 cents the previous year. Special dividends added another 275 cents per share for shareholders. The company returned R1.1 billion total to people who own stock. Management plans to sell unwanted businesses during 2026 to focus on profitable areas. [/QUOTE]
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Omnia Mining Boom Delivers Big Payout
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