LONDON, March 24 Egypt-focused gold miner
Centamin said its core profit rose by one percent in
2013 as higher production offset a sharp fall in gold prices
Earnings before interest, tax, depreciation and amortisation
(EBITDA) came in just over $234 million for the year to
December, slightly below analysts' consensus of $239 million
according to Reuters I/B/E/S.
Centamin production rose by 36 percent in 2013, beating its
output target by 12 percent and the company aims to grow
production further this year.
(Reporting by Silvia Antonioli; editing by Stephen Eisenhammer)