LONDON, May 16 (Reuters) - South Africa-focused platinumproducer Lonmin said on Monday its first-half coreprofit was $36 million, up from a loss of $6 million the sametime a year ago following cost savings.
Cost savings were well ahead of schedule as 469 millionSouth African rand ($30.26 million) was saved in the first halfof the year, 60 percent of the full-year target.
Losses per share were 1.8 cents, an improvement of 162.8cents on the loss of 164.6 cents in the first half last year.($1 = 15.5008 rand) (Reporting by Barbara Lewis; editing by Adrian Croft)
