Pallinghurst trading statement
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Date22 Mar 2017
Pallinghurst is reasonably certain that its net profit after tax will be US$45 million for the year ended 31 December 2016 compared to a net loss after tax of US$149 million for the year ended 31 December 2015, an increase of 130%. In ZAR terms net profit after tax will be ZAR656 million (ZAR1.9 billion net loss after tax for the comparative period), an increase of 135%.