https://newsletter.mw.creamermedia.com
Financial|Platinum
Financial|Platinum
financial|platinum

Tharisa warns of lower full-year earnings on the back of lower PGM prices

21st May 2024

By: Creamer Media Reporter

     

Font size: - +

Platinum group metals (PGM) and chrome concentrate producer Tharisa has warned that its earnings per share (EPS) and headline earnings per share (HEPS) are likely to be up to 29% lower year-on-year for the financial year ended March 31, as a result of a 40% decrease in PGM price and increased cost pressures.

EPS are expected to be between 22.4% to 28.2% lower year-on-year at between $0.125 and $0.135, while HEPS are expected to be between 23.3% and 29% lower year-on-year at between $0.125 and $0.135.

The company will release its results on May 23.

To watch Creamer Media's latest video reports, click here
 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 06 June 2025
Magazine round up | 06 June 2025
6th June 2025
This week: Following Shuka, two more JSE listings on way; Valterra Platinum makes its debut on the JSE; and, Key public-private direction missing in new draft Minerals Bill, Junior Indaba hears
Resources Watch
4th June 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.264 0.354s - 348pq - 2rq
Subscribe Now