JOHANNESBURG (miningweekly.com) – Diversified miner Exxaro Resources expects to report headline earnings per share (HEPS) of 795c to 925c for the six months to June 30.
This compares with HEPS of 309c for the six months to June 30, 2016.
Further, attributable earnings are likely to be between R2.45-billion and R2.88-billion, mainly as a result of a higher net operating profit contribution from the coal business and higher equity-accounted income from investments.
This compared with attributable earnings of R1.29-billion in the first half of the prior year.
Attributable earnings a share are expected to be between 775c and 912c, compared with the 362c reported in the first half of 2016.
Exxaro will release its interim results on August 17.