Gold Fields expects a return to profitability in FY16

Dual-listed Gold Fields expects to have swung back into the black during the year ended December 31, with earnings per share (EPS) and headline earnings per share (HEPS) surging by between 160% and 170% and 730% and 780% respectively. In a trading update to the market, the group said its EPS for 2016 would be between $0.18 and $0.21, some $0.49 to $0.52 higher than the loss a share of $0.31 reported in the prior financial year.