Kumba expects 20% headline earnings increase

JSE-listed Kumba Iron Ore expects its headline earnings per share (HEPS) and basic earnings per share (EPS) for the period ended June 30 to be at least 20% higher than the comparative period. Headline earnings for the period are likely to be between R4.37-million and R4.74-million, with basic earnings for the period expected to be between R4.36-million and R4.72-million.