Finweek - English (Digital)

Finweek - English (Digital)

1 Issue, 3/4/2021

“WE’VE NEVER SEEN NUMBERS LIKE THIS.”

− Niël Pretorius, CEO of DRDGOLD told Mining Weekly that the company had never witnessed better financial results than those for the six months ended 31 December. Group revenue increased by 41% to R2.9bn due mainly to a 42% increase in the average rand gold price received to R988 998/kg. Operating profit increased by 100% to R1.4bn from R719.6m. DRDGOLD reported a 129% higher headline earnings a share, despite reduced production at operations. Pretorius said he viewed the outlook for gold as being really good, although he was concerned about the rise in debt levels around the world. The group upped its interim dividend by 60%.…
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Finweek - English (Digital) - 1 Issue, 3/4/2021

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