ANGLOPLAT:  125,618   -60 (-0.05%)  08/12/2019 00:00

Amplats H1 earnings jump on higher PGM prices

JOHANNESBURG, July 22 (Reuters) - South Africa's Anglo American Platinum (Amplats) half-year earnings more than doubled after higher metals prices and a stock count adjustment lifted profit, the company said on Monday.

Amplats said headline earnings per share (HEPS) for the six months to June 30 rose to 28.15 rand ($2.02)per share, an increase of 120%, compared with 12.82 rand a year earlier.

The precious metals producer declared an interim dividend of 11 rand per share, compared with 3.74 rand during the same period a year ago. ($1 = 13.9313 rand) (Reporting by Tanisha Heiberg, editing by Louise Heavens)

2019-07-22 08:13:00

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