leadf
logo-loader
viewTharisa PLC
(
LSE:THSJSE:THAFRA:7YZ
)

Tharisa likely to deliver 300% boost to earnings in results to be released shortly

Tharisa's operations in South Africa have been performing well

Tharisa PLC - Tharisa likely to deliver 300% boost to earnings in results to be released shortly

Tharisa PLC (LON:THS) said it is expected to boost earnings per share by 300% in upcoming results for the 12 months to end September 2020, due to be released shortly.

The increase comes following operational improvements on all measured metrics at the company’s South African chrome and platinum operations, as announced in October.

The company has also benefited from higher platinum group metals prices, as production shortfalls elsewhere in South Africa have constricted supply.

The company said that chrome concentrate prices were “stable.”

Tharisa is preparing its financial statements for the 2020 full year, with the financial results expected to be released on or about November 30, 2020. 

Quick facts: Tharisa PLC

Follow
LSE:THS

Price: 98.9999 GBX

Market Cap: £266.5 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...

FOR OUR FULL DISCLAIMER CLICK HERE

Tharisa report 'best financial results in the company's history' and expects...

Tharisa PLC's (LON:THS) Phoevos Pouroulis, the chief executive, speaks to Proactive London's Katie Pilbeam about their performance in the six months to the end of March.  He says their strategy remains on track after a first half that saw steady improvements in mined and processed...

on 27/5/21

2 min read