Evolution Mining (ASX:EVN) released its full-year financial results for 2023, with a statutory profit after tax of $163.5 million, and an underlying profit after tax of $205 million.

The company revealed disciplined capital management with a fully franked 2 cents dividend, and over $1.1 billion returned to shareholders since 2013.

The results showed an expected growth in production in FY24, with the company's Cowal mine expecting a 16% growth, and the Ernest Henry mine returning to strong cash generation.

Evolution Mining also noted its continued commitment to sustainability, reporting a 9% reduction in absolute emissions during FY23, in comparison to the FY20 baseline.