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Tough decisions see RBPlat’s return to profit
28 February 2017

Johannesburg, 28 February 2017: Royal Bafokeng Platinum Limited (RBPlat) today issued its results for the year ended 31 December 2016.

  • Improved safety performance
  • Labour and union stability
  • 9.8% higher revenues
  • Headline earnings per share 204% higher at 87 cents (2015: 83 cps loss)
  • R585.3 million cash generated by operating activities
  • 74% of the joint venture capex funded from excess cash flows from operations
  • R835.5 million cash on hand

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