Harmony Gold Sees Record Revenue and Earnings, Copper Expansion
Harmony Gold Mining Co. Ltd (HMY) reported record revenue and earnings for its Q4 earnings call, driven by higher metal prices and steady operating performance across its portfolio.
The company's headline earnings per share jumped 87% to ZAR 43.63, demonstrating strong operating leverage and showing that profitability grew substantially faster than top-line sales.
Adjusted free cash flow rose 54% to a record ZAR 17 billion, giving the group ample room to reward shareholders and fund growth.