Pan African Resources PLC (PAF.L), a gold mining company, on Wednesday said its earnings per share (EPS) for the six months ended December 31, 2025 are expected to be between US 7.18 cents and US 7.43 cents, compared with US 2.50 cents in the same period a year earlier, representing an increase of between 187% and 197%.
Headline earnings per share (HEPS) are projected to be between US 7.28 cents and US 7.40 cents, compared with US 1.20 cents in the corresponding period of 2024, reflecting an increase of between 507% and 517%.
The company said the improvement in EPS and HEPS was primarily driven by a 157.3% increase in revenue, reflecting a 61.6% rise in the average gold price received to US$3,812 per ounce and a 51.5% increase in gold production to 128,296 ounces.
For the full year, the company maintained its production guidance of 275,000 ounces - 292,000 ounces.
Pan African said its results for the six months ended December 31, 2025 are scheduled to be released on February 18.
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