Goldplat plc Reports Strong Q3 Results Amid Challenges

Goldplat plc (GB:GDP) has released an update.

Goldplat plc has reported a 10% increase in combined operating profit for Q3 of 2024, reaching £1,618,000, despite a decrease in profit before tax compared to the previous year due to higher interest costs and foreign exchange losses. Ghana’s Gold Recovery operations were particularly strong, with an operating profit of £1,499,000, while South Africa faced challenges such as reduced supply and power outages, achieving £119,000 in operating profit. The company’s focus remains on expanding market share and managing operational costs in a challenging gold market.

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