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Wesizwe to post earnings turnaround

20th September 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

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JSE-listed Wesizwe expects to report earnings and headline earnings of between 1.4c a and 13.32c a share for the six months ended June 30. This compares with a loss a share of 59.63c reported in the same period a year earlier.

The platinum group metals company says its earnings improved mainly owing to foreign exchange gains unrealised on foreign-denominated loans.

Wesizwe’s flagship asset is the Bakubung mine, in the North West province.

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Edited by Creamer Media Reporter

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