Business
Interim results for period ended 31 December 2022
Interim results for period ended 31 December 2022.
About this update from Goldplat Plc
[{"type":"text","content":"\n \n \n \n Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration\n \n \n \n \n 31 March 2023\n \n \n \n \n Goldplat plc\n \n \n \n \n ('Goldplat' or the 'Company')\n \n \n \n \n Interim results for the six-month period ended 31 December 2022\n \n \n \n Goldplat Plc, (AIM:GDP) the AIM listed Mining Services Group, with international gold recovery operations located in South Africa and Ghana, servicing the African and South American Mining Industry, is pleased to announce its unaudited interim results for the six months ended 31 December 2022 ('H1 2022').\n \n \n Goldplat continued to achieve profitable results for the six months ended 31 December 2022. Highlights include:\n \n \n ·\n Achieving operating profit for H1 2022 of £2,813,000 (H1 2021: £3,334,000), after the impact of the electricity cuts, by the electricity provider in South Africa, on production in the second quarter in South Africa, the loss on the sale of Caracal shares (£45,000) and the decrease in valuation of the net smelter royalty (£107,000);\n \n \n ·\n Even after considering the impacts mentioned above, a net profit from continued operations attributable to owners of the company was maintained at £1,742,000 (H1 2021: £2,071,000);\n \n \n ·\n Fully diluted earnings per share for the six-month period remained above 1 pence per share at 1.02 pence per share (H1 2021: 1.19 pence per share);\n \n \n ·\n The group cash balance remained strong at £2,826,000 (30 June 2022: £3,895,000); and\n \n \n ·\n During the period the Company spent £802,000 (H1 2021: £313,000) on capital expenditure, mainly on construction of a new tailings facility ('TSF') in South Africa and refurbishment of one of the circuits.1\n \n \n Werner Klingenberg, CEO of Goldplat commented: \"I am pleased with the continued strong operating results achieved by the group, considering some of the difficult circumstances we've experienced during the second quarter in South Africa.\"\n \n \n For further information visit www.goldplat.com, follow on Twitter @GoldPlatPlc or contact:\n \n \n \n \n \n \n Werner Klingenberg\n \n \n \n \n \n \n \n Goldplat plc\n \n \n (CEO)\n \n \n \n \n Tel: +27 (0) 82 051 1071\n \n \n \n \n \n \n Colin Aaronson / George M Grainger\n \n \n \n \n Grant Thornton UK LLP\n \n \n (Nominated Adviser)\n \n \n \n \n Tel: +44 (0) 20 7383 5100\n \n \n \...