ArcelorMittal South Africa Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was ZAR 21,045 million compared to ZAR 22,176 million a year ago. Net loss was ZAR 359 million compared to net income of ZAR 3,072 million a year ago.

Basic loss per share from continuing operations was ZAR 0.32 compared to basic earnings per share from continuing operations of ZAR 2.76 a year ago. Diluted loss per share from continuing operations was ZAR 0.32 compared to diluted earnings per share from continuing operations of ZAR 2.76 a year ago.