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Centamin Q1 Pretax Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Centamin plc (CEY.L,CEE.TO) reported that its first-quarter profit before tax increased to $71.89 million from $50.81 million last year. Profit for the period attributable to the company was $71.89 million or 6.591 cents per share compared to $50.81 million or 4.664 cents per share prior year.

Before exceptional items, pretax profit was $84.36 million for the quarter. Profit for the year attributable to the company, before exceptional items, was $84.36 million or 7.734 cents per share.

Revenue increased to $138.2 million from $87.7 million last year.

The company said it remains on track in 2013 for a further increase in annual production of over 20% from 2012, and expects to meet unchanged full year production guidance of 320,000 ounces at US$700 per ounce cash operating cost.

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