South Africa's Northam Platinum sees annual earnings more than double
JOHANNESBURG, Aug 28 (Reuters) - Full-year earnings of South Africa's Northam Platinum NHMJ.J rose 150%, fuelled by higher metals prices, increased sales revenue and a weaker rand currency, the company said on Friday.
The miner reported normalised headline earnings per share (HEPS) of 676.3 cents ($0.39) for the full year ended June, up 150% from the figure of 270.1 cents a year ago.
HEPS is the main profit measure used in South Africa and strips out certain one-off items.
(Reporting by Tanisha Heiberg; Editing by Clarence Fernandez)
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