WAF 3.05% $1.75 west african resources limited

Ann: June 2024 Half Year Financial Report, page-5

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  1. 120 Posts.
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    If you look at note 6 in the Half Yearly you will see the EPS calculation and its underlying $82.175 million profit.

    This is probably the number to go for in terms of earnings. It is based on the profit attributable to the owners of the parent (asx shareholders). It strips out the Government's free carry from the $92.162 million headline result.

    You will see the $82,174,359 divided by the stated 1,027,068,771 weighted average number of shares outstanding gives the 8 cents eps. You can make other adjustments for the subsequent to balance date placement and also unissued options/performance rights (the latter being not all that significant in terms of eps) if you wish but that is the gist in any case.
 
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