Merafe Resources (JSE:MRF) Pre-Tax Income : R2,353 Mil (TTM As of Dec. 2023)

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What is Merafe Resources Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Merafe Resources's pretax income for the six months ended in Dec. 2023 was R891 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was R2,353 Mil. Merafe Resources's pretax margin was 19.89%.

During the past 13 years, Merafe Resources's highest Pretax Margin was 28.87%. The lowest was -34.71%. And the median was 14.95%.

Merafe Resources Pre-Tax Income Historical Data

The historical data trend for Merafe Resources's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Merafe Resources Pre-Tax Income Chart

Merafe Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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-1,866.92

-1,345.75

2,326.74

1,949.48

2,353.26

Merafe Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															1,523.16	1,279.02	670.46	1,462.44	890.82

Competitive Comparison of Merafe Resources's Pre-Tax Income

For the Other Industrial Metals & Mining subindustry, Merafe Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Merafe Resources's Pre-Tax Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Merafe Resources's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Merafe Resources's Pre-Tax Income falls into.

Merafe Resources Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Merafe Resources's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1946.616	+	0	+	-1.524	+	40.941	+	367.223
	=	2,353

Merafe Resources's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	662.082	+	0	+	-0.835	+	19.369	+	210.204
	=	891

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R2,353 Mil.

Merafe Resources (JSE:MRF) Pre-Tax Income Explanation

Merafe Resources's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	890.82	/	4477.924
	=	19.89%

During the past 13 years, Merafe Resources's highest Pretax Margin was 28.87%. The lowest was -34.71%. And the median was 14.95%.

Merafe Resources Pre-Tax Income Related Terms

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Merafe Resources (JSE:MRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Merafe Resources Ltd (JSE:MRF) » Definitions » Pre-Tax Income

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Traded in Other Exchanges

RZT:Germany

Address

35 Ballyclare Drive, Building B, 2nd floor, Ballyoaks Office Park, Bryanston, ZAF, 2191

Website

https://www.meraferesources.co.za

Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namely, Waterval mine; Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals.