IN BRIEF: Tharisa guides for surge in first half earnings

Fri, 20th May 2022 11:03

Tharisa PLC - Cyprus-based southern Africa-focused platinum miner - Expects earnings in first half to surge thanks to the acquisition of a controlling interest in Karo Mining. For six months to March 31, guides for earnings per share between 32.0 US cents and 33.0 cents, rising from 21.4 cents in the same period a year prior. On a headline basis, EPS is guided between 15.0 cents and 16.0 cents, sliding 27% to 32% from 21.9 cents.

Current stock price in London: 140.00 pence, up 4.9% on Friday

12-month change: down 5.7%

Current stock price in Johannesburg: ZAR27.49, up 6.1% on Friday

12-month change: down 7.6%

By Paul McGowan; paulmcgowan@alliancenews.com

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