Earnings ·
DRDGOLD Limited announced a trading statement for the year ended June 30, 2026, projecting earnings per share of 481.4…
DRDDrdgold Ltd
DRDGOLD Limited announced a trading statement for the year ended June 30, 2026, projecting earnings per share of 481.4 to 507.4 cents, an increase of 85% to 95% from the prior period's 260.1 cents. Revenue rose 42% to R11,159.0 million (US$661.1 million), driven by a 40% increase in the Rand gold price received and a marginal rise in gold sold to 4,839kg. Cash operating costs increased 8% to R4,712.5 million, while capital expenditure surged 57% to R3,531.6 million to fund Vision 2028 growth projects, including the Daggafontein Tailings Storage Facility and DP2 plant expansion. The company ended the period with R2,770.0 million in cash, remaining debt-free. DRDGOLD Limited operates in the gold mining industry, focusing on tailings retreatment and underground mining operations in South Africa.