PLATINUM
Royal Bafokeng Platinum (RBPlat) expects to report headline earnings per share (HEPS) of between 51c and 60c for the year ended December 31 – a 30.8% to 41.2% decrease on the HEPS of 86.7c reported for 2016. Normalised HEPS, after adjusting for the impact of a restructuring charge and a one-off tax benefit in respect of the 2016 housing contribution, are expected to be 2.7% to 15.6% higher year-on-year, at between 64c and 72c, compared with normalised HEPS of 62.3c reported for 2016.
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