Trade Resources Company News Kumba Is Currently Finalising Its Results for The Six Months Ended 30 June 2012

Kumba Is Currently Finalising Its Results for The Six Months Ended 30 June 2012

Trading statement for the six months ended 30 june 2012

Kumba Iron Ore Limited is currently finalising its results for the six months ended 30 June 2012("the period"),which will be released on SENS on 20 July 2012.Headline earnings and basic earnings for the period are likely to be between R7,100 million and R7,500 million,with headline earnings per share("HEPS")and earnings per share("EPS")to be between R22.10 and R23.40.

Headline earnings and basic earnings reported for the financial results for the six months ended 30 June 2011(as released on SENS on 21 July 2011)("the comparative period")were R9,061 million and R9,052 million respectively while HEPS and EPS reported for the comparative period were R28.23 and R28.20 respectively.

The decrease inearnings is largely attributable to a decrease in export iron ore prices in the period.

The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company's external auditors.

Source: http://www.angloamericankumba.com/news_article.php?articleID=1259
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Trading Statement for The Six Months Ended 30 June 2012
Topics: Metallurgy