Pan African Resources PLC (PAF.L) Wednesday reported profit before tax of $196.63 million for fiscal 2025, higher than $109.41 million for the previous year, primarily helped by growth in gold price as well as sales.
Additionally, the company's Board has approved a share buyback programme of up to $11.1 million. Net profit increased to $141.59 million or 7.16 cents per share from $79.38 million or4.14 cents per share a year ago.
Headline earnings were $116.6 million or 5.89 cents per share, up from $79.5 million or 4.15 cents per share in the prior year.
Revenue for the period grew to $540.03 million from $373.79 million last year.
The Board has proposed a final dividend of about 2.08451 cents per share, an increase of 68%, to be paid on December 9, to shareholders of record on November 28.
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