South Africa's Thungela half-year profit plunges 80% on weak coal prices
ReutersAug 18, 2025 6:25 AM
Aug 18 (Reuters) - South African thermal coal exporter Thungela Resources' TGAJ.J half-year profit fell 80% due to weaker prices for the fossil fuel, it said on Monday.
Thungela posted headline earnings per share of 1.92 rand ($0.1093) rand in the six months to June 30, compared to 9.52 rand during the same period last year.
($1 = 17.5707 rand)
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