Master Drilling Group, the international specialist drilling company, said its earnings per share (Eps) was expected to be between 47.2 percent and 67.2 percent higher for the six months to June 30, compared with the same period a year before.
Eps was expected to be between 128.40 and 145.80 cents per share compared to the 87.20 cents for the six months ended June 30, 2021, the group said in a trading statement.
Headline earnings per share were expected to be between 126.90 and 144.30 cents per share compared with 87.20 cents for the comparative period, which was between 45.5 percent and 65.5 percent higher.
Master Drillings’ share price gained a healthy 3.85 percent to R13.50 on the JSE on Friday afternoon. The price was well up from R7.49 a year previously.
BUSINESS REPORT