ANGLOPLAT:  122,000   +3686 (+3.12%)  13/11/2019 00:00

South Africa's Amplats expects 80 pct jump in half-year earnings

JOHANNESBURG, June 25 (Reuters) - Anglo American Platinum (Amplats) said on Tuesday it expected its half-year earnings to rise by at least 80%, helped by an increased metals price and one-off impairments that weighed on results in the same period a year earlier.

Amplats said headline earnings for the six months ending June 30 were expected to be 2.69 billion rand ($188 million)more than the 3.363 billion rand earnings reported in the same period a year ago.

Amplats is expected to report its half-year results in July, 22.

($1 = 14.3250 rand) (Reporting by Tanisha Heiberg Editing by Edmund Blair)

2019-06-25 09:07:22

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