Wescoal develops SOPs,COPs for Covid, expects upcoming loss

Coal-mining company Wescoal on Monday voluntarily updated shareholders on its operations, strategic projects and milestones as well as its quarterly production and sales figures from its operating assets. Wescoal stated that it was in the process of finalising its results for the year ended March 31 and expected a headline earnings per share (HEPS) loss for the year of between 30c and 36c and an earnings per share (EPS) loss of between 30c a share and 36c a share.

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