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Thungela Resources Projects Significant Earnings Decline Amid Market Challenges

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Thungela Resources Projects Significant Earnings Decline Amid Market Challenges

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The latest update is out from Thungela Resources Limited ( (GB:TGA) ).

Thungela Resources Limited has issued a trading statement for the six months ended 30 June 2025, indicating a significant decrease in expected earnings per share (EPS) and headline earnings per share (HEPS) compared to the previous year. The anticipated decline, attributed to challenging market conditions and restructuring costs, suggests EPS and HEPS will fall between R1.40 and R2.10, marking a decrease of up to 85% from the prior period. The company plans to release its detailed financial results on 18 August 2025, which will include an investor webinar and conference call.

More about Thungela Resources Limited

Thungela Resources Limited is a company incorporated in the Republic of South Africa, focusing on the mining industry. It is listed on both the Johannesburg Stock Exchange and the London Stock Exchange, with its primary operations involving coal mining and related activities.

Average Trading Volume: 288,810

Technical Sentiment Signal: Hold

Current Market Cap: £571.6M

Learn more about TGA stock on TipRanks’ Stock Analysis page.

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