RBPlat H1 profit falls 58.1% on lower metal prices, soaring costs

RBPlat’s headline earnings per share, fell to R7.67 in the six months to June 30, from R18.32 previously.
Image: Naashon Zalk/Bloomberg News

Royal Bafokeng Platinum on Tuesday reported a 58.1% decline in half-year profit on lower metal prices and higher mining costs.

RBPlat’s headline earnings per share, the main profit measure in South Africa, fell to R7.67 ($0.4638) in the six months to June 30, from R18.32 previously.

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