29th Jan 2014 10:19
LONDON (Alliance News) - Pan African Resources PLC Wednesday said its earnings per share for the first half of the financial year will be between 37% and 34% higher than in the year-earlier period in South African rand terms.
In a statement, the company said its first-half EPS will be up between 8% and 15% in sterling terms.
Under South African listed rules, the company was required to put out a trading statement as soon as it was reasonably satisfied that there would be a 20% difference in results between reporting periods.
The company reported EPS of ZAR13.49 and 0.85 pence in the six months to end-December 2012.
It expects to put out its full results for the half year on February 19.
Its London-listed shares were up 1.8% at 14.25 pence Wednesday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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