Harmony swings to profit, declares a higher dividend

Gold miner Harmony Gold has posted a 46% increase in production profit to just under R14-billion, or $774-million, for the financial year ended June 30.

The company swung from a net loss of R1-billion in the 2022 financial year to a net profit of R4.8-billion in the reporting year, enabling it to declare a final dividend of 75c, or $0.04, apiece, against a prior full-year dividend of 22c, or $0.01, apiece.