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Australia's Newcrest reports record full-year profit on gold price surge

Aug 19 (Reuters) - Australia’s Newcrest Mining Ltd reported its best annual profit on Thursday, as the country’s largest listed gold miner benefited from higher prices of the precious metal.

Newcrest said underlying profit was $1.16 billion for the 12 months to June 30, compared with $647 million a year earlier. It declared a final dividend of 40 cents a share.

Reporting by Soumyajit Saha and Shashwat Awasthi in Bengaluru; Editing by Aditya Soni

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