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Gold|Platinum
Gold|Platinum
gold|platinum

RBPlat expects up to 450% increase in interim earnings

22nd July 2021

By: Marleny Arnoldi

Deputy Editor Online

     

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JSE-listed Royal Bafokeng Platinum (RBPlat) expects to report basic earnings per share (EPS) of between R18 and R18.60 for the six months ended June 30.

That represents a 433% to 450% year-on-year improvement on the basic EPS of R3.38 reported in the prior year’s interim period.

The higher earnings come on the back of a 24% year-on-year increase in platinum, palladium, rhodium and gold, or 4E, platinum group metals output and favourable market conditions.

The company will release its interim results on or about August 3.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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