Impala Platinum annual profit rises more than 31-fold on higher PGM prices
Impala Platinum said annual profit increased more than 31-fold, with headline earnings per share of 25.48 rand ($1.59) for the year ended June 30, driven by higher platinum group metal (PGM) prices.
Story updates
05:40:41 AM UTC
SquawkNews
Impala Platinum annual earnings soar on stronger metal prices, boosts dividend
Impala Platinum JSE:IMP said on Thursday its annual profit increased more than 31-fold, driven by higher platinum group metal (PGM) prices.The miner said its headline earnings per share - a profit measure widely used in South Africa - were 25.48 rand ($1.59) in the year ended June 30, compared with…