Evolution Mining booked a statutory net profit of $96.9 million for the first half of FY24, down 4% year over year from $100.9 million. Sales revenue increased by 18% to $1.34 billion.

The mining company's underlying net profit after tax rose 53% to $158 million, while its underlying EBITDA climbed 28% to $573 million.

The company declared a fully franked interim dividend of 2 cents per share.

Gold production for the half year reached 319,377 ounces at an all-in-sustaining cost of $1,615 per ounce. Evolution Mining anticipates producing 789,000 gold ounces and 62,500 tonnes of copper for FY24.