Valters Platinum has forecast headline earnings to be between R18,5 billion and R22,2bn for the six months to June 30, which is much higher than the R1.2bn reported at the isame stage last year.
Valterra Platinum has advised its headline earnings per share are expected to soar by more than 1388% in the six months to June 30, boosted by an increase in production and significantly improved prices.
The group stated in a trading statement that headline earnings are expected to be between R18,5 billion and R22,2bn, which is much higher than the R1,2bn reported at the interim stage last year.
Headline earnings per share (HEPS) are expected to be between 7047 cents per share and 8456 cents per share, compared with only 473 cents at the same time last year.
The full interim results are expected to be released on July 29. Basic earnings and earnings per share (EPS) are expected to increase by more than 3076%.
