LONDON (Reuters) - Centamin (CEY.L) posted a 13 percent fall in core profit in 2017 on Wednesday as gold production fell and costs rose but the miner declared a final dividend.
The London-listed miner, which operates one mine in Egypt, said earnings before interest, tax, depreciation and amortisation (EBITDA) fell to $326 million in the year ending Dec. 31.
Gold production slipped 1 percent to 544,658 ounces but was above a target of 540,000 ounces, Centamin said in a statement.
The company declared a full year dividend of 10 U.S. cents per share, bringing 2017’s total dividend to 12.5 cents per share.
Reporting by Zandi Shabalala; editing by Jason Neely