Record Free Cash Flow Generation
Harmony generated record interim operating free cash flows of ZAR 10.4 billion (US$579 million), with an operating free cash flow margin of 29% as a result of high gold prices and quality ounces.
Increased Production and Earnings
Group production reached 800,000 ounces, with headline earnings per share growing by 33% to ZAR 12.70 per share (US$0.71 per share).
Strong Safety Improvements
Improvement in the lost time injury frequency rate to 5.52 and a loss of life injury frequency rate of 0.02.
Strategic Capital Allocation
Investment in high-grade projects and surface operations, including ZAR2 billion at Mponeng and Moab Khotsong and over ZAR1 billion at Mine Waste Solutions.
Robust Financial Performance
18% increase in group revenue to ZAR37 billion, driven by a 23% increase in the rand gold price. Net profit increased by 33% to ZAR7.9 billion.
Record Interim Dividend Payout
A record interim dividend payout of ZAR 1.4 billion was announced, reflecting strong cash flow generation.