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Source: https://www.mining.com/web/harmony-gold-expects-to-swing-to-a-full-year-loss/
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South Africa’s Harmony Gold Mining said on Thursday it expects to report a loss for the full year as a 1.7 billion rand ($102 million) derivative loss hits profits though revenue increased on a higher gold price.
The gold miner expects headline loss per share (HEPS) for the year ended June 30, to be between 139 and 169 cents, compared to earnings of 204 cents per share reported in the year-ago period.
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South Africa’s Harmony Gold Mining said on Thursday it expects to report a loss for the full year as a 1.7 billion rand ($102 million) derivative loss hits profits though revenue increased on a higher gold price.
The gold miner expects headline loss per share (HEPS) for the year ended June 30, to be between 139 and 169 cents, compared to earnings of 204 cents per share reported in the year-ago period.
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