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Amplats sees 2017 profits rise over 20%

South African-focused PGM producer Anglo American Platinum (SJ:AMS) expects its annual profit for 2017 to grow by at least 20% year-on-year with cost reductions and improved operational delivery starting to pay off.

Amplats sees 2017 profits rise over 20% Amplats sees 2017 profits rise over 20% Amplats sees 2017 profits rise over 20% Amplats sees 2017 profits rise over 20% Amplats sees 2017 profits rise over 20%

Amplats expects higher earnings for 2017

It told shareholders in an update that its headline earnings per share (HEPS) were expected to rise by at least R373 million (US$27.7 million) or R1.43 per share from 2016's R1.867 billion or R7...