CORPORATE ACTIVITY
LSE- and Nasdaq-listed Afarak Group has started the new financial year on a strong foot as the first quarter of the year delivered the highest quarterly gains in the company’s history. Afarak reported “significant” improvements on the back of higher ferrochrome prices and strengthening market fundamentals, bolstered by productivity gains, sparking a recommendation for an “extraordinary” distribution of 2p a share from the invested unrestricted equity fund.
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