CAPITAL MARKETS

Saracen profit more than doubles

RECORD free cashflow has resulted in a healthy profit increase for gold miner Saracen Mineral Holdings.

Kristie Batten
Saracen profit more than doubles

Full-year net profit after tax jumped by 132% to $A25.9 million after allowing for an income tax provision of $12.4 million. Revenue was up 11% to $276.5 million on record gold production of 188,656...

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