PGM producer Royal Bafokeng’s earnings down 58% in H1 2022 due to lower metal prices, higher costs

📆 29/07/2022 00:17:00
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PGM producer Royal Bafokeng’s earnings down 58% in H1 2022 due to lower metal prices, higher costs kitconews gold silver mining economics finance metals investing

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However, despite production growth, the company estimated that basic earnings per share for the six months ended 30 June 2022 amounted to 765.4 cents, a decrease of 58.4% compared to basic EPS of 1,840.2 cents for the previous corresponding period.

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