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Salungano Group Limited Stock Price

JSE:SLG Community·R195.0m Market Cap
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Snowflake Analysis

Good value with worrying balance sheet.

4 Risks
2 Rewards

Salungano Group Limited Key Details

R4.8b

Revenue

R4.4b

Cost of Revenue

R375.5m

Gross Profit

R574.2m

Other Expenses

-R198.6m

Earnings

Last Reported Earnings
Sep 30, 2022
Next Reporting Earnings
n/a
-0.51
7.83%
-4.14%
87.5%
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About SLG

Founded
2005
Employees
190
CEO
Muthanyi Ramaite
WebsiteView website
salunganogroup.com

Salungano Group Limited, together with its subsidiaries, engages in mining, processing, selling, and distributing thermal coal primarily in South Africa. The company operates through four segments: Mining, Trading, Property Rental, and Investment Holding. It is involved in the exploration, beneficiation, and mining of bituminous coal; and buys and sells coal to inland customers. The company holds interests in the Elandspruit Colliery, Khanyisa Complex Colliery, and Vanggatfontein Colliery mines; and the Moabsvelden and Arnot projects. In addition, it engages in the property rental activities. The company was formerly known as Wescoal Holdings Limited and changed its name to Salungano Group Limited in April 2022. The company was incorporated in 2005 and is headquartered in Sandton, South Africa. Salungano Group Limited is a subsidiary of K2016316243 (SA) Proprietary Limited.

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