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Group profit after tax increased by 136.8% to R137.8 million (GBP: 127.3% increase to GBP7.5 million), and group earnings per share from combined operations increased by 121.4% to 7.15 cents per share (GBP: 116.7% increase to 0.39 pence per share).
Financial key features
Group profit after taxation in ZAR terms increased by 136.8% to R137.8 million (2017: R58.2 million), while in GBP terms, group profit after taxation increased by 127.3% to GBP7.5 million (2017: GBP3.3 million).
Group earnings before interest, taxation, depreciation and losses from discontinued operations (“EBITDA”) in ZAR terms increased by 92.3% to R342.5 million (2017: R178.1 million), while in GBP terms it increased by 83.3% to GBP18.7 million (2017: GBP10.2 million).
Earnings per share (“EPS”) in ZAR terms increased by 121.4% to 7.15 cents per share (2017: 3.23 cents per share), while in GBP terms, EPS increased by 116.7% to 0.39 pence per share (2017: 0.18 pence per share).
The effective ZAR gold price received increased by 1.1% to R557,446/kg (2017: R551,506/kg) although, in USD terms, it decreased by 4.6% to USD1,222/oz (2017: USD1,281/oz).
Group revenue from continuing operations in ZAR terms increased by 52.8% to R1,383.0 million (2017: R904.9 million) and, in GBP terms, revenue increased by 46.8% to GBP75.3 million (2017: GBP51.3 million) due to an increase in gold ounces produced by Barberton Mines’ underground mining operations, the Barberton tailings retreatment plant (“BTRP”) and also the contribution from the newly commissioned Elikhulu.
Cash cost per kilogramme decreased by 14.4% in ZAR terms to R405,216/kg (2017: R473,187/kg) and, in USD terms, the cash cost per ounce decreased by 19.2% to USD888/oz (2017: USD1,099/oz).
All-in sustaining cost per kilogramme decreased significantly by 18.5% in ZAR terms to R444,946/kg (2017: R545,908/kg) and, in USD terms, the all-in sustaining cost per ounce decreased by 23.1% to USD975/oz (2017: USD1,268/oz).
The group’s continuing operations’ all-in sustaining cost per kilogramme decreased by 5.8% in ZAR terms to R444,946/kg (2017: R472,359/kg) and, in USD terms, the all-in sustaining cost per ounce of continuing operations decreased by 11.1% to USD975/oz (2017: USD1,097/oz).
Financing Elikhulu’s construction resulted in the group’s net debt increasing to R1,880.3 million (2017: R653.0 million) and in GBP terms, the net debt increased to GBP102.7 million (2017:GBP39.2 million).
Nice profit increase, although quite heavy debt
repaid by end of Semptember 2019, by that time this could be at the rock bottom or £1, many variables in game by that time
tick up on what? AT with tiny volume of 2-10k shares, alll 25k, 50k 100k blocks are sells
What a depressing call..
Following Starling, Monzo. Big news and milestone reached
day traders paradise
+29% UP
http://www.amphionplc.com/overview.php
They currently have holdings in 7 companies.
Polarean - 24.0% - today's market cap = £11.7m, hence AMP's share = £2.8m
MotifBio - 9.5% - today's market cap = £45m and rising, hence AMP's share = £4,5mln
So just from this their mcap should be around £7-8m
Motif 25% up, it multibagged before, so why it can't now, their's multimillion investment in Motif is appreciating in value so I'm positive about the sp recovery
Motif massively up, this should follow
How conveniently it has floated just above the ask price in order to give assurance and tempt new buyers..coincidence.
out of curiousity, which broker allows you to trade? MTFB and AMP are in non-dealable state in IG
bouncing back ..1.8p by closing?
:D
Can't even trade it on IG
-41% opening..lovely..
waiting time, volume will pick up after the news