Page 120 - Profile's Stock Exchange Handbook - 2026 Issue 2

JSE - HAR Profile’s Stock Exchange Handbook: 2026 - Issue 2
Harmony Gold Mining Company Ltd. NUMBER OF EMPLOYEES: Over 47 000
DIRECTORS: Motsepe Dr P T (Chair, ne),
Nondumo K T (Dep Chair, ind ne),
Msimang Dr M (ld ind ne), Nel B (Group CEO),
Lekubo B P (FD), Mashego Dr H E (Executive
Director), Nqwababa B (ind ne), Pillay V P
(ind ne), Prinsloo M (ind ne), Sibiya G R (ind ne),
Turner P L (ind ne), Wetton J L (ind ne),
Gule W M (ind ne), Matlala Z (ind ne),
Scan the QR code to Moshe M (ind ne), Lombard F (ind ne)
ISIN: ZAE000015228 SHORT: HARMONY CODE: HAR visit our website POPULAR BRAND NAMES: Harmony
REG NO: 1950/038232/06 FOUNDED: 1950 LISTED: 1951 POSTAL ADDRESS: PO Box 2, Randfontein, 1760
NATURE OF BUSINESS: EMAIL: HarmonyIR@harmony.co.za
WEBSITE: www.harmony.co.za
Harmony Gold Mining Company Ltd. (‘Harmony’) is a global TELEPHONE: 011-411-6073
gold and copper producer, with assets in South Africa, Papua COMPANY SECRETARY: Shela Mohatla
New Guinea and Australia. Harmony is South Africa’s largest TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
gold producer by volume and a global leader in secondary SPONSOR: JP Morgan Equities South Africa (Pty) Ltd.
mining through its extensive gold tailings retreatment AUDITORS: Ernst & Young Inc.
business. In addition to its gold portfolio, Harmony is BANKERS: Nedbank Ltd.
SEGMENTAL REPORTING as at 30 Jun 25 (as a % of Revenue)
integrating the high-grade CSA copper mine in Australia, South Africa 89.00%
while construction of the Eva Copper Project is progressing. International 11.00%
Company shares are listed on the Johannesburg Stock CALENDAR Expected Status
Exchange (JSE) (HAR) and American Depositary shares trade Next Final Results 27 Aug 2026 Confirmed
on the New York Stock Exchange (NYSE) (HMY). Annual General Meeting Nov 2026 Unconfirmed
For the six months ended 31 December 2025, Harmony Next Interim Results Mar 2027 Unconfirmed
produced 724 099oz of gold and delivered its inaugural CAPITAL STRUCTURE Authorised Issued
copper; 3 913t at 3.26% grade. FY26 production guidance HAR Ords no par val 1 200 000 000 636 798 966
is 1.4Moz to 1.5Moz for gold and 17 500t to 18 500t at a DISTRIBUTIONS [ZARc]
recovered grade of above 3.5% for copper. The company Ords no par val Ldt Pay Amt
employs more than 47 000 people across its operations. Interim No 98 21 Apr 26 28 Apr 26 530.00
As at 31 December 2025, attributable gold and gold- Final No 97 7 Oct 25 13 Oct 25 155.00
equivalent Mineral Resources totalled 135.5 million ounces, Interim No 96 8 Apr 25 14 Apr 25 227.00
Final No 95
14 Oct 24
94.00
8 Oct 24
with Mineral Reserves of 36.8 million ounces.
LIQUIDITY: Apr26 Avg 13m shares p.w., R3 882.3m(108.6% p.a.)
SECTOR: Basic Materials--Basic Resrcs--Precious Met & Min--Gold Min
MAJOR ORDINARY SHAREHOLDERS as at 2 Jan 2026 HARMONY 40 Week MA MINI 45000
Public Investment Corporation 15.09% 40000
African Rainbow Minerals Ltd. 10.15% 35000
Van Eck Associate Corporation 6.11% 30000
FINANCIAL STATISTICS 25000
Dec 25 Jun 25 Jun 24 Jun 23 Jun 22 20000
(R million) Interim Final Final(rst) Final Final 15000
Wrk Revenue 44 400 73 896 61 379 49 275 42 645 10000
Wrk Pft 16 107 20 357 11 676 7 094 - 755 5000
NetIntPd(Rcd) - 244 - 806 - 13 331 366 0
Tax 4 337 6 658 3 082 1 723 - 46 2022 2023 2024 2025 2026
Minority Int 84 164 101 63 40
Att Inc 9 749 14 384 8 587 4 820 - 1 052 RECENT ANNOUNCEMENTS
TotCompInc/Loss 4 356 8 951 7 268 4 803 - 810
Ord SH Int 51 884 48 235 40 774 34 757 30 039 Harmony interim results December 2025 - Wednesday,
Minority Int 320 277 175 123 78 11 March 2026: Revenue for the interim period went up
LT Liab 20 460 12 128 9 201 13 199 10 130
Def Inc & Tax 11 891 4 475 2 951 2 294 1 586 to R44.4 billion (FY24: R37.1 billion) whilst gross profit
Cap Employed 84 555 65 115 53 101 50 373 41 833 jumped to R18.3 billion (FY24: R12.0 billion). Operating
Total PPE 89 776 48 269 41 348 41 507 32 872 profit shot up to R16.1 billion (FY24: R10.0 billion). Net
Inv In Assoc 256 197 165 111 125
Inv & Loans 7 496 7 015 6 494 6 121 5 555 profit for the period attributable to owners increased
Def Tax Asset 153 114 140 189 203 to R9.7 billion (FY24: R7.9 billion). In addition, headline
Other Ass 649 596 797 601 511 earnings per share rose to 1 431 SA cents per share
Tot Curr Ass 16 298 21 306 11 497 8 678 7 494 (FY24: 1 270 SA cents per share).
CurLiabExclCsh 30 073 12 388 7 359 6 867 4 975
PER SHARE STATISTICS (cents per share) Interim dividend
EPS (ZARc) 1 563.00 2 313.00 1 386.00 780.00 - 172.00 An interim gross cash dividend of 530 SA cents (32 US
HEPS-C (ZARc) 1 431.00 2 337.00 1 852.00 800.00 499.00 cents) per ordinary share in respect of the six months
Pct chng p.a. - 38.8 26.2 131.5 60.3 - 49.4 ended 31 December 2025, has been declared payable
Tr 5yr av grwth % - 181.9 141.6 119.1 98.5
DPS (ZARc) 530.00 382.00 241.00 75.00 62.00 to the registered shareholders of Harmony on Tuesday,
Pct chng p.a. 177.5 58.5 221.3 21.0 - 54.7 28 April 2026.
Tr 5yr av grwth % - 49.2 37.5 - 6.8 - 30.9 Monday, 9 March 2026: In terms of paragraph 6.26 of the
NAV (ZARc) 8 147.63 7 598.84 6 445.11 5 623.46 4 872.30
3 Yr Beta 1.34 1.43 1.55 1.12 1.96 Listings Requirements of the JSE Ltd. (JSE), a company
Price Prd End 33 708 24 481 16 805 7 925 5 197 listed on the JSE is required to publish a trading statement
Price High 38 399 34 045 18 642 9 969 8 265 as soon as they are satisfied that a reasonable degree
Price Low 15 765 15 068 6 854 3 412 4 387
RATIOS of certainty exists that the financial results for the next
Ret on SH fund 37.67 29.99 21.22 14.00 - 3.36 period to be reported upon – being its interim results for
Ret on Tot Ass 24.72 27.36 19.47 11.55 - 2.26 the six months ended 31 December 2025 (H1FY26) – will
Oper Pft Mgn 36.28 27.55 19.02 14.40 - 1.77 differ by at least 20% from the financial results for the
D:E 0.61 0.25 0.22 0.38 0.34
Interest Cover n/a n/a n/a 20.79 n/a comparable six months ended 31 December 2024 (the
Current Ratio 0.54 1.72 1.56 1.26 1.51 previous comparable period or H1FY25).
Dividend Cover 3.11 6.05 5.75 10.40 - 2.77
Yield (g/ton) 0.88 0.90 0.95 0.88 0.86
Ton Mll (‘000) 25 525 50 897 51 319 52 135 53 801
Output (kg) 22 522 46 023 48 578 45 651 46 236
Price Received 1 909 849 1 529 358 1 201 653 1 032 646 894 218
WrkCost(R/kg) 984 549 874 901 758 736 735 634 701 024
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