JOHANNESBURG, Aug 26 (Reuters) - Africa's biggest gases and welding group African Oxygen Ltd posted flat half-year profit as cost cuts offset declining sales. Sign up here. Afrox, majority-owned ...

Headline earnings per share declined 31.3 percent to 76.5 cents a share, and basic earnings per share fell 30.5 percent to 77.8c. Afrox increased its capital expenditure by 37.78 percent to R248m ...

Afrox explains the increase in earnings per share is mostly due to improved margins, as a result of the restructuring initiatives initiated in 2015. In addition, the previous period included ...