Thungela announced a significant drop in expected earnings for the six months ending 30 June 2025. HEPS is anticipated to fall by between 78% and 85%, ranging from R1.40 to R2.10 per share, compared to R9.52 for the same period in 2024. The decline is attributed to challenging market conditions and restructuring costs of R285m as the Goedehoop and Isibonelo operations approach their closure in 2025.
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