JOHANNESBURG (Business Day) -- The announcement was in spite of company gold production for the year falling 33% to 321,432 ounces.
"Much of our energy has been directed towards restoring our South African business first to stability, then to a sustainable level of production, and to the establishment of a platform for organic growth," CEO John Sayers said. The company was releasing its results for the quarter and year ended June 30.
Highlights of the results included full year adjusted headline earnings per share of 64.9 cents from just 3.8 cents last year.
A dividend of 10 cents per share was declared. Attributable reserves rose 25% from 6,3 million ounces to 7.9 million ounces, while net profit after tax from continuing operations for the year was up from R3.1 million to R154.4 million.
