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Tharisa anticipating significant increase in earnings

24th November 2020

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

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JSE-listed integrated resources group Tharisa expects its headline earnings a share for the 12 months to September 30, to be between $0.16 and $0.17.

Basic earnings a share will likely be in the same range.

This represents an increase of 300% to 325% on the earnings a share and headline earnings a share of $0.04 reported for the prior financial year.

The company achieved operational improvements on all measured metrics, while a higher platinum group metals basket price and stable chrome concentrate prices contributed to the improvement in earnings.

Tharisa's financial results are expected to be released on or about November 30.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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