Saracen posts record profit

SARACEN Mineral Holdings has continued its record-breaking run for the 2019 financial year with the release of its financial statements.

Saracen posts record profit Saracen posts record profit Saracen posts record profit Saracen posts record profit Saracen posts record profit

The pit at Saracen's Thunderbox mine in Western Australia

Net profit after tax jumped by 22% to a record A$92.5 million, while underlying NPAT was up 40% to $94.2 million.

Revenue rose 9% to $555.6 million, while EBITDA was up 11% to a record $219.5 million.

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