Friday 8 May 2015

Otmane El Rhazi : Kumba expects 20% drop in H1 earnings

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

JSE-listed Kumba Iron Ore expects to report a R1.3-billion, or 20%, year-on-year decrease in headline and basic earnings for the six months to June 30. Kumba had reported headline earnings and basic earnings of R6.5-billion and R6.51-billion respectively, and headline earnings per share (HEPS) and earnings per share (EPS) of R20.28 and R20.30 respectively, for the six months to June 2014.

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