Centerra Gold Inc. (CG.TO) on Thursday said its second quarter net income declined to US$13.8 million or US$0.06 per share, from US$19.6 million or US$0.09 per share in the prior year quarter. The Company noted that the recent quarter results included an unusual item of US$42.2 million.
Quarterly Revenues grew to US$142.6 million from US$103.7 million in the year-ago quarter.
For the six-month period, net income nearly tripled to US$75.27 million or US$0.35 per share from US$24.56 million or US$0.11per share in the corresponding period last year.
Revenues for the period climbed to US$255.24 million from US$186.04 million last year.
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