Merafe expects 57% lower HEPS on back of lower chrome production, prices

JSE-listed Merafe Resources expects to report basic earnings per share (EPS) and headline earnings per share (HEPS) of between 5.9c and 7.2c for the six months ended June 30.

That would represent a 57% to 65% decrease compared with the EPS and HEPS of 16.9c reported for the six months ended June 30, 2018.