Master Drilling to report higher interim earnings

5th August 2022 By: Donna Slater - Creamer Media Contributing Editor and Photographer

JSE-listed drilling services company Master Drilling expects its earnings per share (EPS) for the first half of this year to be between 47.2% and 67.2% higher year-on-year, at between R1.28 and R1.45.

Headline earnings per share (HEPS) are expected to be between 45.5% and 65.5% higher year-on-year, at between R1.26 and R1.44.

In dollar terms, the company’s EPS for the period are expected to be between 38.3% and 58.3% higher, at $0.083 and $0.095, while HEPS for the period are expected to be between 36.7% and 56.7% higher, at between $0.082 and $0.094.

Master Drilling plans to publish its interim results on or about August 30.