Business brief | Gemfields slips, Bell lifts and Aston Martin poaches Bentley's boss
In a slower day for corporate news, precious stones group Gemfields slipped after taking a hit from lower platinum group metal prices. Bell Equipment pleased the market with its trading update, while in international news, Vietnam's VinFast has recalled almost 6 000 vehicles.per share of 16c in its year to end December, from earnings of 78.3c previously, hit by a hefty writedown of Sedibelo Resources, a South African platinum group metals mining company.
"In what has been a year of both achievements and challenges, Gemfields recorded its second-highest annual revenues alongside seeing record prices being paid for our rough coloured gemstones sold at auction," CEO Sean Gilbertson said. Gemfields had lost 3% on Friday afternoon and has fallen by about a fifth over the past year.South Africans need to be in the know if we want to create a prosperous future.
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