Kumba Iron Ore FY26 H1 basic earnings drop 42% to R12.95 a share; revenue falls 11% to R30.88 billion

Reuters2026/07/28 05:06

By:Reuters

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Kumba Iron Ore’s basic EPS fell 42% to 12.95 rand per share for the six months ended June 30, 2026.
Revenue dropped 11% to 30.88 billion rand, while EBITDA totaled 10.9 billion rand with a 35% margin.
Interim dividend slid 52% to 7.90 rand per share, while closing net cash stood at 12.1 billion rand.
Production dipped 3% to 17,686,000 tonnes, while total sales edged down 1% to 18,557,000 tonnes.
CEO Mpumi Zikalala cited a challenging external environment and difficult operating conditions, while flagging cost optimization and cash generation focus.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kumba Iron Ore Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524629), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kumba Iron Ore FY26 H1 basic earnings drop 42% to R12.95 a share; revenue falls 11% to R30.88 billion

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