Implats warns that strikes and load-shedding will take a toll
Headline earnings per share are expected to plunge amid a drop in output
05 August 2022 - 09:37
UPDATED 07 August 2022 - 17:14
Precious metals group Impala Platinum (Implats) has flagged at least a double-digit fall in headline earnings per share for its year to end-June, hit by many issues, including safety stoppages, strikes, load-shedding and supply chain disruptions.
Headline earnings per share are expected fall 13%-21%, the miner said on Friday, amid a 5.6% decline in refined concentrate production to 3.087-million ounces of its basket of six metals...
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