Ann: Half Yearly Report and Interim Dividend, page-2

Fantastisch results

Financial Results and Interim Dividend Declaration for the Half Year Ended 31 December 2017

The board of Regis Resources Limited is pleased to announce a record half year net profit after tax of $84.6 million for the six months ended 31 December 2017 (H1 FY18). This represents a 39% increase to the $61.0 million net profit after tax reported in the first half of FY2017 (H1 FY17).
Key financial highlights for the half-year include:

 Net profit after tax of $84.6 million, up 39% from H1 FY17. Earnings per share increased by 42% to 17.29 cents per share.

 Revenue up 18% from H1 FY17 to $299.0 million with 183,846 ounces of gold sold at average price of $1,641 per ounce.

 EBITDA of $153.1 million up 35% from H1 FY17 and a very strong EBITDA margin of 51% (H1 FY17: 45%).

 Cash and bullion (including bullion on hand classified as inventory) of $172.0 million*, an increase of $20.3 million since June 2017, after the payment of $40.3 million in fully franked dividends, $15.7 million for land acquisitions and water access licences at the McPhillamys Project and $15.7 million on exploration expenditure.

 Record gold production of 184,034 ounces for H1 FY18 (H1 FY17: 154,702 ounces) puts Regis on track to achieve the mid to upper end of the annual production guidance of 335,000-365,000 ounces with all in sustaining costs of $858 per ounce, which is below the lower end of annual cost guidance for FY2018.

As a result of the ongoing strong financial performance of the Company, the Board has declared the following fully franked interim dividend:
 Dividend amount
 Ex-dividend date
 Record date
 Payable date

8 cents per share fully franked 8 March 2018
9 March 2018
21 March 2018
The interim dividend represents a payout ratio of 13% of revenue and 48% of profit after tax for the half year ended 31 December 2017.