Business
Q3 Operating Results Update & Dividend Declaration
Goldplat plc reported a strong third quarter for the financial year ending March 31, 2026, with combined operating profit reaching £3,855,000, a significant increase from £694,000 in the prior year's quarter, leading to a profit before tax of £3,429,000. The Ghanaian operation contributed £806,000 in profit before tax, while the South African operation generated £2,624,000, benefiting from increased volumes and a higher gold price. The company also declared an interim dividend of £300,000, payable on June 12, 2026, and maintained strong cash balances of £5,077,000 at the end of the quarter, which have since increased to £9,160,000. Disclaimer*
About this update from Goldplat Plc
[{"type":"text","content":"\n\nGoldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration\n20 May 2026\nGoldplat plc\n('Goldplat' or the 'Company')\n3rd Quarter Operating Results update for period ended 31 March 2026\nDividend Declaration\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 an operational update for the 3rd quarter ended 31 March 2026 (\"Q3\"), of the current financial year.\nThe two recovery operations achieved a strong combined operating profit for the quarter of £3,855,000 (FY Q3 2025 - £694,000) (excluding listing and head office costs, finance cost and foreign exchange gains/losses). The finance cost and foreign exchange losses incurred in Q3 mainly related to trading activities and resulted in a combined profit before tax excluding listing and head office costs for Q3 of £3,429,000 (FY Q3 2025 - £769,000).\nThe Ghanaian operation achieved a profit before tax for Q3 of £806,000 (FY Q3 2025 - £784,000) which was supported by the operations team delivering to plan and higher, albeit fluctuating, gold price.\nThe South African operation achieved a profit before tax for Q3 of £2,624,000 (FY Q3 2025 - £(15,000)) and was supported by the operations team delivering to plan, securing once-off batches and higher albeit fluctuating gold price.\nThe following events have contributed to the Q3 operating results:\nGold Recovery Ghana (\"GRG\")\n· GRG had a productive quarter, with the focus remaining on maximizing gold recoveries from material sourced and on site, mainly from clients in Ghana.\n· As communicated in Q2 announcement, GRG is in process of investing £700,000, of which £374,000 have already been incurred to improve our processes to increase recoveries and environmental management.\n· The local Ghana beneficiation requirement has impacted all aspects of our business, and we continue to review, update and align our process and procedures to manage risks and maximize margins.\n· Our annual environmental permit and gold license is in process of being renewed. \nGoldplat Recovery (South Africa)\n· GPR's ...