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Improved EPS ‘talks to the maturity of the business’, says Tharisa PLC CEO

Tuesday, November 15, 2016 8:41
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(Before It's News)

The South-Africa based chrome and platinum miner Tharisa PLC (LON:THS) says it’ll post more than doubled earnings for the year just ended. Basic earnings per share to September will be at least 5 cents while headline earnings will be 6 cents.

Chief executive Phoevos Pouroulis tells Proactive: ”In a fairly challenging global commodity environment we managed to improve our earnings per share between 150-200% year on year.”

”I think it really talks to the maturity of the business as we move into steady state production being achieved during the last 9 months of the financial year 2016”.

The company is 47%-owned by the Pouroulis family, who are behind London-listed success story Petra Diamonds (LON:PDL).

Story by ProactiveInvestors

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