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IN BRIEF: Tharisa expects interim earnings to drop after once-off item

16th May 2023 15:28

Tharisa PLC - Cyprus-headquartered platinum miner - Expects earnings per share to fall to between 17 US cents and 18 cents for the six months to March 31 from 32.7 cents a year earlier. This includes a once-off item namely accounting for the acquisition of a controlling interest in Karo Mining Holdings Ltd as a "business combination". But headline EPS is likely to rise to between 17 cents and 18 cents, from 15.5 cents. Tharisa expects interim financial results on or about Friday.

Current stock price in London: 88.88 pence, down 1.2% on Tuesday

12-month change: down 33%

Current stock price in Johannesburg: ZAR21.50, down 3.4%

12-month change: down 23%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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