Grindrod Limited provided earnings guidance for the six months ending June 30, 2018. For the period, the company’s total earnings per share is expected to be positive (an increase of more than 100%). The prior year comparative period, being the six months that ended 30 June 2017, reflected a loss per share of 11.5 cents. The improvement is due to the foreign currency translation reserve release as a result of the spin-off of the Shipping business and separate primary listing on the NASDAQ with a secondary inward listing on the JSE.