Harmony Gold Mining Sees Swing to Profit for 1H17
January 30 2017 - 5:38AM
Dow Jones News
By Ian Walker
Harmony Gold Mining Co. Ltd. (HAR.JO) said Monday it expects to
report earnings per share for the half year ended Dec. 31, 2016,
compared with a loss for the comparable period, citing higher
average gold spot prices, a gain on the Hidden Valley acquisition
and gains recognized on the gold and currency hedges.
Harmony said it now expects to report headline earnings per
share between 139 South African cents (10.2 US cents) and 160 cents
a share for the half year, compared with a loss of 103 cents a year
earlier. Earnings per share are expected to be between 341 cents
and 361 cents, compared with a loss of 102 cents, it said.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
January 30, 2017 05:23 ET (10:23 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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