Merafe Resources Limited

Johannesburg Stock Exchange MRF.JO

Merafe Resources Limited Net Income for the year ending December 31, 2023: USD 95.71 M

Merafe Resources Limited Net Income is USD 95.71 M for the year ending December 31, 2023, a 15.84% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.

Merafe Resources Limited Net Income for the year ending December 31, 2022 was USD 82.63 M, a -21.14% change year over year.
Merafe Resources Limited Net Income for the year ending December 31, 2021 was USD 104.77 M, a 254.29% change year over year.
Merafe Resources Limited Net Income for the year ending December 31, 2020 was USD -67.90 M, a 29.77% change year over year.
Merafe Resources Limited Net Income for the year ending December 31, 2019 was USD -96.69 M, a -303.86% change year over year.

Key data

Date	Net Income	EPS (Diluted)	Shares (Diluted, Weighted)	Net Income Margin

Johannesburg Stock Exchange: MRF.JO

Merafe Resources Limited

CEO	Ms. Zanele Joyce Matlala B.Com., BCompt (Hons), C.A., CA (SA)
IPO Date	Jan. 4, 2000
Location	South Africa
Headquarters	Building B
Employees	10,592
Sector	Materials
Industries Mining

Description

Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome. The company operates five ferrochrome smelters, twenty-two ferrochrome furnaces, six chrome ore mines, and five UG2 plants. It primarily serves stainless steel mills in Africa, the Middle East, the United States, Brazil, Mexico, China, India, Indonesia, Japan, South Korea, Taiwan, Australia, Germany, Italy, Spain, France, and Belgium. The company was incorporated in 1987 and is based in Bryanston, South Africa.

Key trends

Past 5 years