Anglo Platinum Expects Higher Earnings

Anglo Platinum Expects Higher Earnings

Anglo Platinum has said that it expects higher half-year headline earnings and earnings per share.

The world’s biggest platinum producer said earnings would be 110-120 percent higher than for the comparable period last year.

AngloPlat said the raised expectation was largely because of higher rand prices of metals sold and increased sales volumes.

Headline earnings per share and earnings per share for the half-year, which ended on June 30 2005, was 923.7c.

The company would release its interim results on July 31.

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