Johannesburg - South African chemical maker Omnia Holdings [JSE:OMN]
posted a 25% rise in full-year profit on Tuesday, boosted by higher sales in
its mining and agriculture businesses and said it expects more growth
ahead.
Omnia, which has interests in chemicals, mining and
agriculture, said diluted headline earnings per share for the year to end-March
totalled 957.3 cents from 765.1c last year.
Omnia said its group revenue rose nearly 17% to R10.9bn.
The company said it expected all of its businesses to
deliver solid results in the year ahead, helped by higher sales and prices.
It declared a final dividend of 180 cents per share,
bringing the total dividend for the year to 280c per share.
Omnia shares are up nearly 15% so far this year, compared with a 6% rise in the Johannesburg’s All Share [JSE:J203] Index.
Omnia shares rose 2.19% at R101.78 after it posts a 25% jump in full-year profit on Tuesday morning.