Gold Fields Limited has disclosed its financial performance for the year 2023, alongside declaring a final dividend for its shareholders. The company’s operational and financial highlights offer insights into its performance amidst a dynamic market environment.
Financial Performance
Gold Fields reported a profit attributable to owners of the parent for the year ended December 31, 2023, amounting to US$703.3 million, translating to US$0.79 per share. This signifies a marginal decline compared to the previous year’s profit of US$711.0 million or US$0.80 per share. Despite this slight dip, the company remains financially robust, sustaining profitability amid market fluctuations.
Operational Highlights
The company’s operational metrics for the fourth quarter of 2023 and the full year underscore its global presence and diversified portfolio. Here are some key figures:
| Metric | Q4 2023 | Full Year 2023 |
|---|---|---|
| Gold Produced (ounces) | 608,000 | 2,304,000 |
| Tonnes Milled/Treated (000) | 10,653 | 43,052 |
| Revenue per Ounce (US$) | 1,987 | – |
| All-in Sustaining Costs per Ounce (US$) | 1,372 | – |
| Net Debt (US$ million) | – | 1,024 |
Dividend Declaration: In line with its dividend policy, Gold Fields has approved and declared a final dividend number 99 of 420 South African cents per ordinary share (gross) for the year ended December 31, 2023. The total dividend payout for the year amounts to 745 South African cents per share (gross), offering returns to its shareholders.
Dividend Information: Here are the key dates for the final dividend:
- Declaration Date: February 22, 2024
- Last Date to Trade Cum-Dividend: March 12, 2024
- Shares Commence Trading Ex-Dividend: March 13, 2024
- Record Date: March 15, 2024
- Payment of Dividend: March 18, 2024
Conclusion
Gold Fields Limited’s financial results for the year 2023 showcase its resilience and ability to deliver value to its shareholders. With a solid performance amidst a challenging environment, the company reaffirms its position as a prominent player in the global gold industry.
