Gavin Ferrar
CEO & Director
Welcome to the Central Asia Metals Half 1 Interim Monetary Outcomes for 2025.
I will begin off with a abstract of manufacturing and monetary highlights. And you’ll see on the right-hand facet of your slide there that we produced 6,218 tonnes of copper from our Kounrad operation in Kazakhstan. And from our Sasa lead, zinc mine in Macedonia, produced 8,692 tonnes of zinc and 12,613 tonnes of lead. All this was finished in a really secure vogue, and we’re very happy that we achieved 0 misplaced time accidents for the primary half.
These operations drove good monetary efficiency. We generated income of $99.5 million and EBITDA of $39.9 million for a margin of 40%. Importantly, at the moment, we introduced a dividend at 4.5p and supplemented by a $10 million share buyback program, which can begin at the moment. That retains our money returns to shareholders constant and corresponding to the half 1 2024. Now we have a robust steadiness sheet and constructive money circulate, $47.7 million within the financial institution, and that shall be boosted by returns obtained associated to the New World Assets transaction of each the break payment plus additionally the sale of shares in that firm.
Kounrad maintains its place on the associated fee curve and the capital initiatives at Sasa successfully accomplished for the 12 months. Now that offers you the backdrop to the financials that Louise goes to run you thru proper now.
Louise Wrathall
CFO & Govt Director
Thanks, Gavin. If we go to — sure, market circumstances slide. Thanks. So sure, if we simply spend a minute trying on the market circumstances, which body the outcomes that