20th Jul 2015 06:30
LONDON (Alliance News) - Anglo American PLC Monday said it will book underlying earnings from Anglo American Platinum Ltd of USD175 million for the first half of 2015.
The FTSE 100-listed multi-commodity miner said the underlying earnings from the company are substantially better than the USD1.0 million loss it booked in the same period a year earlier.
Anglo American is the platinum miner's largest shareholder with a 77.3% stake.
Underlying earnings is profit attributable to equity shareholders before special items and remeasurements, and is therefore presented after net finance costs, income tax and non-controlling interests.
Anglo American will release its half year results on Thursday.
By Joshua Warner; [email protected]; @JoshAlliance
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