Tongaat Hulett Limited provided earnings guidance for the half year ended September 30, 2012. Headline earnings are expected to increase by 30.5% to ZAR 654 million for the six months, compared to the ZAR 501 million earned in the same period last year. Headline earnings per share for the half-year are expected to be 604 cents per share compared to 474 cents per share for the same period a year ago, a 27.4% increase.

Revenue is expected to grow by 23% to ZAR 7,398 billion for the half-year compared to ZAR 6,027 billion a year ago. Profit from operations is expected to increase by 25% to ZAR 1,313 billion compared to ZAR 1,047 billion for the same period a year ago. The various sugar operations are expected to generate operating profit of ZAR 969 million compared to ZAR 857 million for the same period a year ago.