The Lead Creative

The Lead Creative: No more costume for Nando's, Investec's secret sauce

Subscribe & Follow

Advertise your job vacancies

BizTrendsTV

RAPT BizTrendsTV: The Culture Foundry Co's Luke van der Spuy: When Gen Z decides you're not cool anymore

Jobs

Learnership Vereeniging

More jobs Submit a job Open account

Impala Platinum says earnings will be lower

Impala Platinum advised that its headline earnings per share (HEPS) for the year to June are expected to be between 308c and 343c which is between 50% and 55% lower than last year when earnings were 685c.

19 Aug 2013

This is because of the operational performance at Impala Rustenburg‚ above-inflation cost increases and impairments of R1.3bn of long-term receivables.

Basic earnings per share are expected to be between 145c and 179c which is between 74% and 79% lower than the previous period.

The expected decrease is a result of these factors as well as the write-down of about R1bn in goodwill resulting from the African Platinum acquisition concluded in 2007.

Impala's results will be released later this month.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za