South Africa’s thermal coal producer Thungela Assets on Tuesday reported R6.9 billion ($461.02 million) in full-year revenue, on the again of firmer costs and improved value administration.
Thungela’s headline earnings per share (HEPS) – the principle revenue measure in South Africa – was R66.57 for the 12 months ended December 31, up from a loss per share of R5.31 the earlier 12 months.
The corporate, which was listed on the Johannesburg Inventory Change final 12 months, declared a dividend of R18 per share.
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