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Northam Platinum Holdings First Half 2024 Earnings: EPS: R1.37 (vs R15.96 in 1H 2023)

Northam Platinum Holdings (JSE:NPH) First Half 2024 Results

Key Financial Results

  • Revenue: R15.0b (down 26% from 1H 2023).

  • Net income: R532.6m (down 91% from 1H 2023).

  • Profit margin: 3.6% (down from 31% in 1H 2023).

  • EPS: R1.37 (down from R15.96 in 1H 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Northam Platinum Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Metals and Mining industry in South Africa.

Performance of the South African Metals and Mining industry.

The company's shares are down 12% from a week ago.

Risk Analysis

Be aware that Northam Platinum Holdings is showing 1 warning sign in our investment analysis that you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.