PGM prices impact on Tharisa’s first-half profit, but market fundamentals are ‘solid’

JSE-listed platinum group metals (PGM) and chrome producer Tharisa has reported a 20% year-on-year decrease in net profit after tax, at $38.8-million, for the six months ended March 31, compared with the $54.7-million net profit reported for the six months ended March 2023. The group declared an interim dividend of $0.015 apiece, compared with $0.03 apiece in the prior comparable period.