By Adam Whittaker
Harmony Gold will deliver a bumper interim dividend as higher gold prices helped offset a fall in production.
The miner said Wednesday that it will pay a record interim dividend for the first half of its fiscal year ended Dec. 31 of 32 cents a share, up from 12 cents in the same period the year prior.
This came as a 36% rise in its average gold price helped drive group revenue 20% higher to $2.56 billion.
Basic earnings per share jumped nearly a quarter to 90 cents, while headline earnings per share came in at 82 cents from 71 cents previously.
The higher gold price helped offset a 9% fall in gold production. The lower production also helped drive all-in sustaining costs 21% higher to $2,115 an ounce.
The group kept its full-year gold production and cost guidance for its fiscal year 2026 unchanged.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
03-11-26 0245ET
