{"id":13595,"date":"2026-08-14T09:02:06","date_gmt":"2026-08-14T09:02:06","guid":{"rendered":"https:\/\/stock999.top\/?p=13595"},"modified":"2026-08-14T09:02:06","modified_gmt":"2026-08-14T09:02:06","slug":"stronger-rand-and-cost-pressures-drag-down-exxaros-earnings","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=13595","title":{"rendered":"Stronger rand and cost pressures drag down Exxaro\u2019s earnings"},"content":{"rendered":"<p><\/p>\n<p>Exxaro Resources says it expects its headline earnings per share (Heps) for the six-month period ended 30 June 2026 to decrease between 18% and 23% compared to the six-month period ended 30 June 2025.<\/p>\n<p>This is the equivalent of 1 3271 cents and 1 414 cents lower per share.<\/p>\n<p>This is mainly attributable to lower income from the company\u2019s equity-accounted investments at Sishen Iron Ore and Black Mountain Mining, the JSE-listed miner said in a trading statement on Friday.<\/p>\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<p>It said Sishen\u2019s results were negatively impacted by the strengthening of the rand against the dollar and above-inflationary increases in key mining input costs compared to the prior period, largely reflecting the effects of the conflict in the Middle East.<\/p>\n<p>Read:<br \/>Exxaro posts steady results as it pivots beyond coal<br \/>Are coal miners worth a look?<\/p>\n<p>The decrease in equity-accounted income from Black Mountain Mining was mainly driven by higher production costs and a delayed ramp-up of the Gamsberg project.<\/p>\n<p>Similarly, the group is also set for a decrease in attributable earnings per share in the period under review.<\/p>\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<p>Earnings before interest, taxes, depreciation, and amortisation (Ebitda) for the six-month period are expected to be broadly in line with the figure seen a year ago.<\/p>\n<p>Exxaro will release its interim results on 20 August.<\/p>\n<p>                        #Stronger #rand #cost #pressures #drag #Exxaros #earnings<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exxaro Resources says it expects its headline earnings per share (Heps) for the six-month period&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[225,10982,1308,19335,5394,1648,1642],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/13595"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13595"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/13595\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}