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Goldplat profitable and generating cash for eleventh quarter running

Goldplat profitable and generating cash for eleventh quarter running

Goldplat PLC (AIM:GDP) chief executive Werner Klingenberg talks through its latest quarterly results, which showed a combined operating profit of £1.94mln, up 38%.

Weakness in the South African rand and Ghanaian cedi boosted the mining services group's numbers, but Klingenberg points out that Goldplat has now been cashflow positive and profitable for eleven quarters.

"It's all about the relationships we have and the value we add to the mining industry," he says.