S.Africa's RBPlat H1 profit falls 58.1% on lower metal prices, soaring costs


Reuters | Capetown | Updated: 02-08-2022 10:50 IST | Created: 02-08-2022 10:47 IST
S.Africa's RBPlat H1 profit falls 58.1% on lower metal prices, soaring costs
  • Country:
  • South Africa

South Africa's Royal Bafokeng Platinum on Tuesday reported a 58.1% decline in half-year profit on lower metal prices and higher mining costs.

RBPlat's headline earnings per share, the main profit measure in South Africa, fell to 7.67 rand ($0.4638) in the six months to June 30, from 18.32 rand previously.

($1 = 16.5380 rand)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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