Anglo American Platinum to post bumper R19bn earnings

Anglo American Platinum, (Amplats) is set to post bumper earnings of up to R19 billion for the full year ended in December as the upswing in the commodity price cycle has seen new records for rhodium and palladium. Supplied
JOHANNESBURG
 – Anglo 
American Platinum, (Amplats) is set to post bumper earnings of up to R19 billion for the full year ended in December as the upswing in the commodity price cycle has seen new records for rhodium and palladium.
Amplats  said yesterday (Tuesday)  it was likely to post a 151 percent surge in headline earnings and headline earnings per share compared to the prior year  when it reports its 2019 full year financial results next month.
It said headline earnings would likely more than double to  R19 bn compared to R7.8 bn in 2018, the company said.

Source: iol.co.za