CNMC Goldmine's (SGX:5TP) attributable profit to owners soared 126% in the second half of 2024 to SG$5.4 million from SG$2.4 million a year earlier, according to a filing with the Singapore Exchange on Friday.
Earnings per share rose to SG$0.0179 compared with SG$0.0079 a year earlier.
Revenue increased to SG$35.5 million from SG$25.9 million a year earlier, mainly due to higher gold prices and increased sales of lead and zinc concentrates.
The board proposed a final dividend of SG$0.014 per share for the year ended Dec. 31, 2024.
Shares of the gold producer were down nearly 5% in recent trading.
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