Jubilee Platinum's revenues and profits grow in first quarter

Jubilee Platinum said unaudited revenue in the first three months of the year was 32 per cent higher than the previous quarter as the company achieved growing rates of power sales.

Jubilee Platinum said unaudited revenue in the first three months of the year was 32 per cent higher than the previous quarter as the company achieved growing rates of power sales.

Revenue from smelting and refining operations came to 16.4m South African Rand (ZAR) while unaudited gross profit also jumped by 47% quarter-on-quarter to 11.2m ZAR.

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