Market Overview

African Barrick Posts Drop In H1 Production, Profit


African Barrick Gold (OTC: ABGLY) reported a decline in its first half profit and production. However, the company projects production to increase in the second half.

African Barrick's first half production declined 14% y/y to 297,742 ounces. Its revenue fell 8% y/y to $534 million.

African Barrick's net profit dipped 46% to $65 million. Its EPS came in at 15.9 cents.

African Barrick also proposed an interim dividend of 4.0 cents per share.

Posted-In: profitEarnings News


Related Articles (ABGLY)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Hutchison Telecommunications Posts H1 Loss

Hammerson Pretax Profit Down 92%