[miningmx.com] – WESCOAL Holdings said it expected to produce a third higher headline earnings when it reports its figures, scheduled for June 24.
The coal producer said in a trading statement to the Johannesburg Stock Exchange that headline earnings for the year ended March 31 would be between 14 and 16 cents per share which compares to 12.2c/share in the comparative period.
Headline earnings per share have been adjusted for an after tax profit on the sale of the
Vlaklaagte prospecting right, the company said.
