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     Results Comment: Harmony Gold Mining Company Ltd. HARMONY [HAR]
    Link to Co Web Site Fri 13 Jun 2025
    Close: 26 667UP
    Day's move: 488c (1.86%)
    Volume: 4 178 201
    Trades:  14 732
    Email Alerts Quick Facts

     Comment: Tue, 4 Mar 2025
    Harmony interim results December 2024
    Revenue for the interim period rose to R37.1 billion (R31.4 billion) with gross profit coming in higher at R12.0 billion (R8.6 billion). Operating profit increased to R10.0 billion (R7.6 billion) and profit for the period attributable to owners of the parent increased to R7.9 billion (R5.9 billion). Additionally, headline earnings per share rose to 1 270c per share (956c per share).

    Declaration of interim gross cash ordinary dividend no. 96
    The Board has approved, and notice was given, that an interim gross cash dividend of ZAR227 cents (USD12.29686 cents) per ordinary share in respect of the six months ended 31 December 2024, has been declared payable to the registered shareholders of Harmony on Monday, 14 April 2025.

    Company looking ahead
    Safety comes first - always.

    While we have historically been a gold producer, we are on the cusp of introducing near-term copper which will further de-risk and diversify our production profile.

    Harmony continues to generate stellar cash flows, and our balance sheet is robust, flexible and in a significant net cash position. The gold price has continued to rally since the beginning of the 2025 calendar year, enhancing our strong financial position.

    We remain disciplined and responsible with our capital allocation, and we will not deviate from our risk-based approach to decision-making. Having a balanced approach to capital allocation will enable us to deliver on our growth aspirations and ensure we continue to create real long-term value for our shareholders and our stakeholders. This is mining with purpose.

    Further to the board changes announced on 17 January 2025, we have also strengthened the Group Executive team to support our expansion. Please see our website for more information on Harmony’s board and group executive members.

    We thank our board, shareholders and stakeholders for their ongoing support.
     
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    Closing price data source: JSE Ltd. All other statistics calculated by ProfileData.

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