10th Feb 2023 10:55
Pan African Resources PLC - Rosebank-headquartered gold producer - Expects interim earnings to decrease due to lower sales. Both headline earnings per share and earnings per share are likely to fall to between 1.40 US cents and 1.64 cents for the six months that ended December 31, from 2.39 cents a prior year. This represents a decline of between 31% and 41%. These lower earnings are due largely to a 19% decrease in gold revenue to USD156.5 million from USD193.6 million. Read More