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Buffalo Coal suffers operational loss in March quarter

Tuesday, June 2nd, 2020

South Africa-based Buffalo Coal’s revenue rose by 32% year-on-year to R127-million for the three months ended March 31.

However, it incurred a loss from operations of R97-million, 1 030% lower than the R10.4-million profit of the corresponding period last year.No dividends were declared or paid during the period under review or during the comparative period.

https://www.miningweekly.com/article/buffalo-coal-suffers-operational-loss-in-march-quarter-2020-06-01
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