Kumba Iron Ore recorded a R16 billion profit in the year to end-December.
This is up from R11 billion the year before.
The company’s results enabled it to pay a full-year dividend of R30.97 per share.
Kumba Iron Ore CEO Themba Mkhwanazi called the results a "royal flush".
The Money Show’s Bruce Whitfield interviewed Mkhwanazi about his company’s fantastic results.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
We are not concerned about our dependency on China.— Themba Mkhwanazi, Kumba Iron Ore
We are encouraged about the growth in volumes in other geographies.— Themba Mkhwanazi, Kumba Iron Ore
We are still, in the main, very much a pure iron ore play…— Themba Mkhwanazi, Kumba Iron Ore
We sell about 3 out of 45 million tons in South Africa.— Themba Mkhwanazi, Kumba Iron Ore
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Pavlo Phitidis, founder of Aurik Business Accelerator.
The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.
Revenue collections are surprisingly good, so far, thanks to the VAT hike. Bruce Whitfield interviews PwC's Kyle Mandy.
Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's Warren Ingram.
Bruce Whitfield interviews John Oliphant, former Principal Executive Officer at the Government Employees Pension Fund.
Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.
Automotive Journalist, Jacob Moshokoa shares his views of the Polo GTI 2018, and chats about the vrrrpha mentality among young men
Actress, Cancer survivor and activist Lillian Dube shares why she decided to be a cancer activist.
Gauteng residents are warned to brace themselves for another weekend of heavy rain, possible hail and damaging winds.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone Viral'.
Thanduxolo Jindela explains why he is running a campaign to encourage more of Omotoso’s victims to come out and testify.
Azania Mosaka catches up with Sbahle Zwane's mother to hear about developments with his schooling.
Check out the videos, tweets, Facebook posts that have gone viral and why this kid cheered her dad on in the toilet.