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Merafe’s shares rise as it projects higher full-year earnings

Chrome producer Merafe’s share price on the JSE rose by more than 15% on February 23 after the company announced it would report higher earnings for the year ended December 31. In a trading statement, Merafe said it expected to report basic earnings a share of between 62.8c and 70.8c and headline earnings a share of between 66.8c and 67c.

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