Harmony Gold Mining (JSE:HAR) First Half 2024 ResultsKey Financial Results

• Revenue: R31.4b (up 35% from 1H 2023).

• Net income: R5.92b (up 222% from 1H 2023).

• Profit margin: 19% (up from 7.9% in 1H 2023). The increase in margin was driven by higher revenue.

• EPS: R9.56 (up from R2.98 in 1H 2023).

earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Harmony Gold Mining Earnings Insights

Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in South Africa.

Performance of the South African Metals and Mining industry.

The company's shares are up 3.7% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Harmony Gold Mining's balance sheet and an in-depth analysis of the company's financial position.

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