Northam Platinum flags FY headline EPS up about 7-fold, revenue jumps 64%
Reuters2026/08/11 15:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Northam Platinum flagged record earnings for FY ended June 30, 2026, with EPS seen at 3,488.0-3,564.2 cents vs 381.4 cents.
- HEPS projected at 3,006.1-3,082.3 cents vs 380.8 cents, implying a 689.4%-709.4% jump.
- Sales revenue rose 64.1% to ZAR 54 billion as the rand 4E basket price gained 57.4%; metal sold increased 8% to 1,087,327 oz 4E.
- Operating profit surged 293.8% to ZAR 14.2 billion; EBITDA climbed to ZAR 16.7 billion from ZAR 4.9 billion.
- Dividend policy lifted to a minimum 40% of headline earnings from 25%; year-end net cash reached ZAR 2.7 billion with ZAR 13.7 billion gross cash.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northam Platinum Holdings Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S525402), on August 11, 2026, and is solely responsible for the information contained therein.
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