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Centamin earnings hit by profit share, production drop

Centamin (LSE:CEY) saw profit before tax and basic earnings per share (EPS) drop 69% in the September quarter, due the change in the profit share mechanism at the Sukari gold mine in Egypt.

Jacqueline Holman
Underground operational improvements at Centamin's Sukari mine have taken longer than planned to materialise

Underground operational improvements at Centamin's Sukari mine have taken longer than planned to materialise

It reported profit before tax of US$21.8 million for the quarter, bringing the year-to-date total to $102.2 million. It did not provide a comparative number for the January-September 2017 period. Basic...

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