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Implats warns of share loss

South Africa-based platinum miner Impala Platinum (SJ:IMP) has warned shareholders ahead of its financial results that it expects its headline and basic earnings per share for the financial year ended June 30 to be a notable loss due to challenging business conditions.

Implats warns of share loss Implats warns of share loss Implats warns of share loss Implats warns of share loss Implats warns of share loss

Difficult business conditions have impacted Implats' shares

It forecasts a loss of R1.25-1.50/share (US$0.09-0.11/share) compared to the previous financial year’s headline earning of R0.12/share. The miner also expects basic earnings per share to be a lo...