Ramelius breaks records across the board

RAMELIUS Resources delivered a 420% increase in net profit after tax for the 2019-20 year, as the company was a beneficiary of growing its production into a record gold price environment, with managing director Mark Zeptner declaring Ramelius had broken its own records “pretty much across the board”.

Ramelius breaks records across the board Ramelius breaks records across the board Ramelius breaks records across the board Ramelius breaks records across the board Ramelius breaks records across the board

Ramelius' flagship Edna May operation

It was the company's sixth profit in a row, rising from A$21.8 million to over $113 million over the past 12 months.