Pan African Resources First Half 2023 Earnings: EPS: US$0.015 (vs US$0.024 in 1H 2022)
Pan African Resources (LON:PAF) First Half 2023 Results
Key Financial Results
Revenue: US$156.5m (down 19% from 1H 2022).
Net income: US$29.1m (down 37% from 1H 2022).
Profit margin: 19% (down from 24% in 1H 2022). The decrease in margin was driven by lower revenue.
EPS: US$0.015 (down from US$0.024 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pan African Resources Earnings Insights
Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.
Performance of the British Metals and Mining industry.
The company's shares are down 6.2% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Pan African Resources that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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