JOHANNESBURG (miningweekly.com) – Higher net operating profit from its coal mining business, paired with higher equity-accounted income from investments, will result in JSE-listed Exxaro Resources posting attributable earnings of between R5.17-billion and R6.08-billion for the year ended December 31.
This compares with an attributable loss of R1.21-billion for the 2015 financial year.
Attributable earnings a share are expected to be between R14.56 and R17.12 a share, compared with 83c in 2015.
Exxaro will publish its results on March 9.