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chemical specialities ltd (CSP) Snapshot

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52 Week High
01/29/14 - $35.00
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12/3/14 - $11.00
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chemical specialities ltd (CSP) Details

Chemical Specialities Limited is engaged in the manufacture, distribution, supply, and retail of paint and ancillary products in South Africa and internationally. It offers automotive, decorative, industrial, and wood finish paints; and solvents. The company was founded in 1957 and is based in Verulam, South Africa.

642 Employees
Last Reported Date: 07/1/14
Founded in 1957

chemical specialities ltd (CSP) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: R2.9M
Financial Director, Executive Director and Me...
Total Annual Compensation: R1.7M
Chief Operating Officer and Executive Directo...
Total Annual Compensation: R2.0M
Group Marketing & Decorative Sales Director, ...
Total Annual Compensation: R1.7M
Compensation as of Fiscal Year 2014.

chemical specialities ltd (CSP) Key Developments

Chemical Specialities Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2014

Chemical Specialities Limited announced unaudited consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported revenue of ZAR 310,562,000 against ZAR 293,557,000 a year ago. Operating income was ZAR 2,158,000 against operating loss of ZAR 7,111,000 a year ago. Loss before taxation was ZAR 20,246,000 against ZAR 35,319,000 a year ago. Loss from continuing operations was ZAR 13,133,000 or 1.22 cents per diluted share against ZAR 25,084,000 or 2.34 cents per diluted share a year ago. Loss attributable to owners of the company was ZAR 14,703,000 or 1.42 cents per diluted share against ZAR 29,200,000 or 2.72 cents per diluted share a year ago. Net cash used in operating activities was ZAR 24,458,000 against ZAR 58,168,000 a year ago. Purchase of plant and equipment was ZAR 8,622,000 against ZAR 8,527,000 a year ago. Acquisition of intangible assets was ZAR 4,777,000 against ZAR 6,574,000 a year ago. Total headline loss was ZAR 15,332,000 against ZAR 29,324,000 a year ago. Total diluted headline loss per share was 1.43 cents against 2.73 cents a year ago. Net  capital  expenditure  including capitalised development expenditure has decreased by ZAR 5,000,000 and was limited to necessary replacement capital expenditure in the six months to September 30, 2014.

Chemical Specialities Announces Resignation of Neil Anthony Page as Non-Executive Director

Chemical Specialities announced the resignation of Mr. Neil Anthony Page as a non-executive director, with effect from 04 December 2014.

Chemical Specialities Limited Announces the Resignation of R.D. Simpson, as an Executive Director with Effect from 30 November 2014

Chemical Specialities Limited announced that the resignation of Mr. R.D. Simpson, as an executive director of the company with effect from 30 November 2014.


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