LONDON (ShareCast) - Zambia-focused miner Kiawara said its earnings per share and headline earnings per share for the year ended 31 March 2009 are expected to rise.
EPS and HEPS are expected to rise to 0.44p profit, compared to a loss
of 0.08p for the previous period.
"The positive EPS and HEPS for the year ended 31 March 2009 is mainly attributable to an exchange gain that has arisen from the inter-company loan between Kiwara (LSE: WADH.L - news) and its wholly owned subsidiary, Kiwara Resources Zambia Ltd," said the group.