DRDGOLD Files 6-K: Interim Results & Cash Dividend Declared
Ticker: DRDGF · Form: 6-K · Filed: Feb 14, 2024 · CIK: 1023512
| Field | Detail |
|---|---|
| Company | Drdgold LTD (DRDGF) |
| Form Type | 6-K |
| Filed Date | Feb 14, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: interim-results, dividend, financial-reporting, 6-K
Related Tickers: DRD
TL;DR
**DRDGOLD just announced its unaudited interim results for H2 2023 and declared a cash dividend!**
AI Summary
DRDGOLD Limited filed a 6-K on February 14, 2024, announcing its condensed consolidated unaudited interim results for the six months ended December 31, 2023. This filing also includes a cash dividend declaration, providing investors with an update on the company's financial performance. As a foreign private issuer, DRDGOLD Limited submits this report under Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934. The report details the financial period from July 1, 2023, to December 31, 2023.
Why It Matters
This filing provides crucial financial transparency for DRDGOLD investors by disclosing the company's performance over the last six months and signaling a return of capital through a dividend. These updates are key for evaluating the company's health and making informed investment decisions.
Risk Assessment
Risk Level: low — This 6-K is a routine disclosure of interim financial results and a dividend declaration, which is standard corporate reporting and does not inherently indicate high risk without the actual financial figures.
Key Players & Entities
- DRDGOLD Limited (company) — registrant
- Securities and Exchange Commission (company) — regulator
- Durban Roodepoort Deep Ltd (company) — former company name
FAQ
What is the primary purpose of DRDGOLD Limited's 6-K filing dated February 14, 2024?
The primary purpose is to report the condensed consolidated unaudited interim results for the six months ended December 31, 2023, and to declare a cash dividend.
What specific financial period do the interim results announced in this 6-K filing cover?
The interim results cover the six months ended December 31, 2023.
Besides the interim results, what other significant announcement is included in this 6-K filing?
The filing also includes a cash dividend declaration.
Under which rule of the Securities Exchange Act of 1934 is DRDGOLD Limited filing this report?
DRDGOLD Limited is filing this report pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
What was the former name of DRDGOLD Limited, as indicated in the filing, and when did the name change occur?
The former name of DRDGOLD Limited was Durban Roodepoort Deep Ltd, and the name change occurred on September 24, 1996.
Filing Stats: 880 words · 4 min read · ~3 pages · Grade level 14.3 · Accepted 2024-02-14 10:02:15
Key Financial Figures
- $1 — ank. Assuming an exchange rate of R18.00$1, the net dividend payable on an ADR is
Filing Documents
- resultsrelease2024hy1.htm (6-K) — 42KB
- drdprovresults_fy2024xhy.htm (EX-99.2) — 45KB
- drdprovresults_fy2024xhy001.jpg (GRAPHIC) — 236KB
- drdprovresults_fy2024xhy002.jpg (GRAPHIC) — 315KB
- drdprovresults_fy2024xhy003.jpg (GRAPHIC) — 356KB
- drdprovresults_fy2024xhy004.jpg (GRAPHIC) — 176KB
- drdprovresults_fy2024xhy005.jpg (GRAPHIC) — 226KB
- drdprovresults_fy2024xhy006.jpg (GRAPHIC) — 242KB
- drdprovresults_fy2024xhy007.jpg (GRAPHIC) — 161KB
- drdprovresults_fy2024xhy008.jpg (GRAPHIC) — 140KB
- 0001023512-24-000015.txt ( ) — 2640KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DRDGOLD LIMITED Date February 14, 2024 By s Riaan Davel Name Riaan Davel Title Chief Financial Officer Exhibit 99.1 DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 189500092606) JSE and A2X share code DRD NYSE trading symbol DRD ISIN ZAE000058723 (" DRDGOLD " or the " Company ") CONDENSED CONSOLIDATED UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023 AND CASH DIVIDEND DECLARATION INTRODUCTION The contents of this announcement are the responsibility of the board of directors of DRDGOLD (" Board "). As the information in this announcement does not provide all of the details, any investment decisions should be based on the full results which are available through the following JSE cloudlink httpssenspdf.jse.co.zadocuments2024JSEISSEDRDInterim_24.pdf and also available for viewing on the Company's website at httpswww.drdgold.comdownloadstaskdownload.sendid330catid127m0 . KEY FINANCIAL RESULTS SUMMARY Six months ended 31 December 2023 Six months ended 31 December 2022 % change Revenue – R million 2,974.2 2,654.3 12 Operating profit – R million 909.3 792.4 15 Earnings per share – South African (" SA ") cents per share (" cps ") 68.4 62.3 10 Headline earnings per share – SA cps 68.4 62.3 10 Interim dividend – SA cps 20 20 0 CASH DIVIDEND DECLARATION The Board has declared an interim cash dividend of 20 SA cps for the six months ended 31 December 2023 as follows The dividend has been declared out of income reserves The local Dividend Withholding Tax rate is 20% (twenty percent) The gross local dividend amount is 20 SA cps for shareholders exempt from Dividend Withholding Tax The net local dividend amount is 16 SA cps for shareholders liable to pay Dividend Withholding Tax DRDGOLD