off-the-wire

Anglo American Platinum annual profit down 38%

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 20 (Reuters) - Anglo American Platinum on Monday said its annual profit fell 38% in 2022, after a two-month delay of its smelter rebuild hit platinum group metal (PGM) sales.


The top global PGM producer's headline earnings per share (HEPS) - the main profit measure in South Africa - fell to 185.42 rand ($10.28) in the year to Dec. 31, 2022, down from 300.42 rand in 2021.


($1 = 18.0328 rand) (Reporting by Nelson Banya; Editing by Tom Hogue)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.