Business Context and Reporting Period
Company: DRDGOLD Limited
Filing Type: Form 6-K (Foreign Private Issuer)
Reporting Period: Six months ended 31 December 2025
Filing Date: 18 February 2026
Context: The Company reported condensed consolidated unaudited interim results and declared an interim cash dividend.
Key Financial Metrics
| Metric | Six Months Ended 31 Dec 2025 | Six Months Ended 31 Dec 2024 | % Change |
|---|---|---|---|
| Revenue (R million) | 5,053.2 | 3,802.3 | 33% |
| Operating Profit (R million) | 2,712.8 | 1,578.7 | 72% |
| Earnings Per Share (SA cps) | 222.7 | 112.6 | 98% |
| Headline Earnings Per Share (SA cps) | 223.2 | 112.6 | 98% |
| Interim Dividend (SA cps) | 50 | 30 | 67% |
Note: The filing text does not provide specific values for cash flow, debt levels, liquidity ratios, or gross/net margins beyond the operating profit figure.
Material Changes
- Revenue Growth: Revenue increased by 33% year-over-year, rising from R3,802.3 million to R5,053.2 million.
- Profitability Surge: Operating profit grew significantly by 72%, reaching R2,712.8 million.
- Earnings Expansion: Both Earnings Per Share (EPS) and Headline EPS nearly doubled, increasing by 98% to 222.7 cps and 223.2 cps respectively.
- Dividend Increase: The interim dividend was raised by 67% to 50 SA cps.
Guidance, Outlook, and Dividend Details
Dividend Declaration:
- Amount: 50 SA cps (gross) declared out of income reserves.
- Tax: Local Dividend Withholding Tax is 20%. Net amount is 40 SA cps for liable shareholders.
- Share Count: 867,397,699 ordinary shares in issue.
- Key Dates:
- Cum-dividend: 10 March 2026
- Ex-dividend: 11 March 2026
- Record date: 13 March 2026
- Payment date: 16 March 2026
- ADR Conversion: Assuming an exchange rate of R16.00/$1, the net dividend for ADR holders is approximately 25 US cents per share.
Outlook and Risks: The filing text does not contain specific forward-looking guidance, management commentary on future operations, or a detailed discussion of risks and contingencies beyond the standard disclaimer that investment decisions should be based on full results available via the JSE cloudlink.
Investor Verification Checklist
- Verify the full unaudited interim results document via the provided JSE cloudlink for detailed cash flow and debt metrics not included in this summary.
- Confirm the actual exchange rate on the currency conversion date (16 March 2026) to calculate the precise USD dividend for ADR holders.
- Review the full results for the breakdown of the 72% operating profit increase to understand the drivers (e.g., gold price vs. production volume).
- Check for any updates on the 20% Dividend Withholding Tax status for specific shareholder categories.