https://www.miningweekly.com

Pan African Resources expects up to 126% increase in H1 HEPS

13th February 2019

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Aim- and JSE-listed Pan African Resources expects its earnings per share (EPS) for the six months to December 31, 2018, to be between 116% and 126% higher year-on-year at between 6.98c and 7.30c .

This compares with the EPS of 3.23c reported for the six months ended December 31, 2017.

The company expects headline earnings per share (HEPS) to be between 99% and 109% higher than the prior period’s HEPS of 3.51c, resulting in HEPS of between 6.85c and 7.48c.

The results are based on the company’s combined operations, which include continuing operations and discontinued operations. Pan African’s Evander Mines’ underground operations were classified as discontinued operations during the reporting period.

The company’s full results will be released on February 20.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION