Regis Resources (ASX:RRL) record net profit up 17%

17Feb

Regis Resources (ASX:RRL) record net profit up 17%

 

Regis Resources (ASX:RRL) has reported net profit is up 17 per cent to $93.4 million compared to the same corresponding period where it stood at $79.9 million.

EBITDA is $185.6 million with strong EBITDA margin of 50 per cent.

The half year interim dividend for FY2020 is 8 cents per share.

The Company has undertaken a period of significant capital investment towards the development of the Rosemont underground and new satellite deposits at DogbolterCoopers, Baneygo and Petra.

Shares in Regis Resources (ASX:RRL) are trading 4.66 per cent higher at $4.49.
 
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

15Jan

Blackstone Minerals (ASX:BSX) non-core gold asset spin off

15 Jan 2021 - Blackstone Minerals (ASX:BSX) has decided to spin off some its non-core gold assets into a new initial public offering.

Read More
02Aug

Stocks of the Hour: NAB, Origin Energy & PointsBet

30 July 2021 - A snapshot of some of the news that broke today, featuring NAB (ASX:NAB), Origin Energy (ASX:ORG) & PointsBet (ASX:PBH).

Read More
28Oct

Worley Parsons completes 3sun acquisition

28 Oct 2019 - Worley Parsons (ASX:WOR) has completed its acquisition of UK based offshore wind energy installation, inspection and maintenance business 3sun Group for £20 million.

Read More
01Oct

ISignthis (ASX:ISX) shares up 20% as annualised paydentity GPTV exceed $1.9b in Sep

01 Oct 2019 - Online payments platform ISignthis (ASX:ISX) has had a strong start to the new financial year lifting its Paydentity actual annualised gross processed turnover volume (GPTV) by 360 per cent to over $1.9 billion in September.

Read More
28Mar

Gowing Brothers (ASX:GOW) boosted by Surf Hardware International earnings

26 Mar 2021 - Gowing Brothers (ASX:GOW) says profit after tax for the half year ended 31 January was up 37 per cent to $5 million.

Read More
17Jun

Stocks of the Hour: Schrole Group, Alderan Resources, Prospect Resources

17 Jun 2024 - A snapshot of the stocks on the move, featuring Schrole Group (ASX:SCL), Alderan Resources (ASX:AL8) and Prospect Resources (ASX:PSC).

Read More
25Oct

Stocks of the Hour: Godolphin Resources, Talga Group, BTC Health

25 Oct 2024 - A snapshot of the stocks on the move, featuring Godolphin Resources (ASX:GRL), Talga Group (ASX:TLG) and BTC Health (ASX:BTC).

Read More
01Dec

Sky Network Television (ASX:SKT) Chief Executive resigns

01 Dec 2020 - Sky Network Television (ASX:SKT) CEO Martin Stewart is leaving the company to return home to Europe.

Read More
17Mar

Cochlear (ASX:COH) loses US$268 million appeal

17 Mar 2020 - Cochlear (ASX:COH) today announced that the United States Court of Appeals for the Federal Circuit in Washington, DC has affirmed the US District Court award of US$268 million in patent infringement damages against Cochlear and its US subsidiary Cochlear Americas.

Read More
23Jun

Harvey Norman (ASX:HVN) report profits up 20%

23 Jun 2020 - Harvey Norman (ASX:HVN) says its profit before tax and non-controlling interests from 1 July 2019 to 31 May 2020 was an increase of approximately 20 per cent on the year prior.

Read More