Thungela expects to report more than 100% increase in earnings for 2022

JSE-listed thermal coal exporter Thungela Resources expects its earnings a share for the year ended December 31 to have increased by between 105% and 111% year-on-year to between R125 and R129.

Headline earnings a share are expected to have increased by between 95% and 100% year-on-year, to between R130 and R133.