To: Box-By-The-Riviera™ who wrote (211996 ) 3/11/2025 1:02:39 PM From: TobagoJack Read Replies (2) | Respond to Turning sunlight into goldfinance.yahoo.com DRDGold Ltd (DRD) (H1 2025) Earnings Call Highlights: Record Profits and Dividend Boost Amid ... Revenue: Increased by 28% to just over ZAR 3.8 billion.Operating Profit: Increased by 74% to ZAR 1.5 billion.Headline Earnings: Increased by 65% to just under ZAR 1 billion.Cash Position: Healthy cash position just north of ZAR 600 million.Dividend: Declared a 50% increase on the previous interim dividend, up from ZAR 0.20 to ZAR 0.30 per share.Ergo Volume Throughput: Increased to 1.65 million tons per month.Electricity Usage: 16% decrease in electricity from external sources.Far West Gold Operations Production: Increased to 2.5 tons for the half-year period.Operating Margin: Improved significantly due to controlled costs and higher gold prices.Free Cash Flow: Generated despite a large CapEx program.Cash Generated from Operations: More than doubled to over ZAR 1.2 billion.Cash Capital Expenditure: ZAR 947 million for the period.Net Income: ZAR 970.1 million, up 65% period on period.full earnings call transcript .DRDGold Ltd ( NYSE:DRD ) reported a 28% increase in revenue to over ZAR 3.8 billion, driven by a healthy gold price and steady production. Operating profit surged by 74% to ZAR 1.5 billion, with headline earnings increasing by 65% to just under a billion rand. The company declared a 50% increase in its interim dividend, from ZAR 0.20 to ZAR 0.30 per share, marking the 18th consecutive year of dividend payments. DRDGold Ltd ( NYSE:DRD ) successfully commissioned a 60-megawatt solar farm, reducing electricity consumption from external sources by 16%. The company maintained a strong cash position of over ZAR 600 million, without needing to utilize its credit facility. The Ergo operation is experiencing a shift to lower grade sites, resulting in slightly reduced yields, although this is offset by lower cost per ton. There was a slight increase in potable water consumption, despite efforts to reduce it over the years. The company faces challenges with the reconciliation of power units evacuated into the grid, affecting the clarity of cost savings from the solar farm. DRDGold Ltd ( NYSE:DRD ) is throttling back throughput rates at Ergo due to mature tailings deposition capacity, impacting production volumes. The company anticipates falling short of its ZAR 3.5 billion CapEx guidance for the 2025 financial year, although it remains on track with long-term project execution.
