Harmony Gold Mining Co Ltd (NYSE:HMY)
$ 8.385 0.065 (0.78%) Market Cap: 5.18 Bil Enterprise Value: 5.06 Bil PE Ratio: 11.34 PB Ratio: 2.38 GF Score: 84/100
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Full Year 2020 Harmony Gold Mining Company Ltd Earnings Call Analysts (only) Transcript

Sep 15, 2020 / 06:30AM GMT
Release Date Price: $6.36 (+2.75%)
Operator

Good day, ladies and gentlemen, and welcome to Harmony Gold results for the financial year-ended June 2020. (Operator Instructions) Please note that this conference is being recorded.

I'd now like to hand the conference over to Mr. Peter Steenkamp. Please go ahead, sir.

Peter William Steenkamp
Harmony Gold Mining Company Limited - CEO & Executive Director

Thank you, Judith, and good morning, everybody. Thanks for joining us here at the financial and operating results for FY '20 at the year-ending on the 30th of June 2020. With me, in the team here, we've got Boipelo, Frank and Jaco, as Executive Directors, Max, Marian and also Herman. So please feel free to ask any questions later.

Just in terms of our results, our key features of our results is really 9% increase in production profit to 7.1 -- close to ZAR 7.22 billion. We had a 3% increase in average under -- or decrease in average recovered grade at 4.45 (sic) [5.45] versus the 5.59 in weight in the previous year; and a 9% increase in the revenue to ZAR 25.2 billion (sic) [ZAR 29.2

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