Aim-listed Goldplat says it continued to achieve strong profitable results for the six months ended December 31, 2025, with net profit having increased by 133% year-on-year to £3.28-million.

The company’s fully diluted earnings a share for the six-month period more than doubled to 1.91p.

Operating profit was 82% higher year-on-year at £4.8-million, while a 53% year-on-year increase in revenue to £45.15-million was driven by strong supply in South Africa and a high average gold price.

Dividends declared during the six-month period amounted to £350 000.

"I am encouraged by the continued strong results achieved by the group, supported by good volumes and a high gold price, and by the group being in a position to start paying regular dividends,” says CEO Werner Klingenberg.

Goldplat notes that its operations continue to build on its current strength with specific focus on maintaining its market share in South Africa and increasing its client base in neighbouring countries.

The company is also focussing on reducing the cost of production, specifically on its carbon-in-leach (CIL) circuits in South Africa; agreeing to commercial terms on the reprocessing of the tailings storage facility (TSF) with JSE-listed DRDGOLD; finalising the regulatory requirements to allow the company to pump material through a pipeline to the DRDGOLD facility; and identifying interim measures to extract value from the TSF.

The company is also focussing on improving its recovery of gold through improving its local beneficiation processes in Ghana; developing land acquired in Brazil and expanding its service delivery, specifically on lower-grade material in Brazil and elsewhere in South America; and leveraging its strength and capabilities through the processing of other precious metals and commodities.

Goldplat says it will remain focused on sharing future cash flows with shareholders, specifically distributing surplus cash to shareholders where not required for growth in line with key initiatives or managing specific risks.

“We remain focussed on strengthening our control of the outcome on the TSF, maintaining and increasing market share, improving recoveries and margins in Ghana, unlocking potential in other precious metals in South Africa and maximising value from the current high gold price, while returning value to shareholders on a regular basis.

“There is still significant work to be completed but all our efforts will create a more robust business providing a niche solution to the industry it operates in,” says Klingenberg.