Business
Interim results for the 6-months ended 31 Dec 2024
Interim results for the 6-months ended 31 Dec 2024.
About this update from Goldplat Plc
[{"type":"text","content":"\n\nGoldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration\n24 March 2025\nGoldplat plc\n('Goldplat' or the 'Company')\nInterim results for the six-month period ended 31 December 2024\nGoldplat 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 2024 ('H1 2024').\nGoldplat continued to achieve profitable results for H1 2024. Highlights include:\n· Strong operating profit for H1 2024 of £2,635,000 (H1 2023: £2,967,000);\n· Revenue decreased by 20.9% to £29,596,000 (H1 2023: £37,402,000), with the Ghanaian recovery operations recording a decrease in revenue of 30.3% due to the recent business model change where they are required to beneficiate all concentrates into doré gold bars in country as well as the impact of the Precious Metals Marketing Company (\"PMMC\") disruption in December;\n· Net profit from continued operations attributable to owners of the company grew 20.2% to £1,407,000 (H1 2023: £1,171,000);\n· Fully diluted earnings per share for the six-month period increased by 18.6% to 0.83 pence per share (H1 2023: 0.70 pence per share);\n· The group net cash balance remained strong at £2,769,000 (30 June 2024: £3,886,000); and\n· During the period the Company spent £861,480 (H1 2023: £793,084) on capital expenditure, mainly on increasing plant capacity and to enable the recovery of gold from concentrate on site in Ghana.\nWerner Klingenberg, CEO of Goldplat commented: \"I am pleased with the continued strong operating results achieved by the group, considering the team implemented several new processes and procedures in a short period of time to focus the business on local beneficiation in Ghana and on streamlining the operations in South Africa due to lower visibility of supply of material.\"\nFor further information visit www.goldplat.com, follow on X @GoldPlatPlc or contact:\n\n\n\n\nWerner Klingenberg\n\n\nGoldplat plc\n(CEO)\n\n\nTel: +27 (0) 82 051 1071\n\n\n\n\nColin Aaronson / Samantha Harrison ...