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Wesizwe warns of increased interim loss

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Photo by Bloomberg

27th September 2023

By: Darren Parker

Creamer Media Senior Contributing Editor Online

     

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JSE-listed platinum miner Wesizwe has warned shareholders that a reasonable degree of certainty exists that, for the six months ended June 30, the company will report a loss of between 59.22c and 60.04c a share. 

This represents an increase in losses of between 55.13c and 55.95c a share compared with the loss of 4.09c a share reported for the six months ended June 30, 2022. 

Wesizwe also expects to report a headline loss a share of between 59.22c and 60.04c, compared with the headline loss of 4.09c a share reported for the prior comparable period. 

Wesizwe expects to publish its interim results on September 29. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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