Revenue for the 2016 financial year was up by 8% to $A500.1 million, but profit after tax jumped 29% to $111.8 million.

Earnings before interest, tax, depreciation and amortisation increased to $234 million, from $181 million, while the EBITDA margin increased to 46.7% from 39%.

Net cash from operating activities jumped by 44% to $204 million.

Regis’ Duketon operations produced 305,084 ounces of gold during FY16, at all-in sustaining costs of $927 an ounce.

As announced at Diggers & Dealers earlier this month, production is set to increase to 300,000-330,000oz this financial year at AISC of $980-1050/oz.

Due to the grade benefits of the new Gloster and Erlistoun pits, FY18 production set to grow to 320,000-350,000oz.

FY19 production will grow again to 340,000-370,000oz.

Regis boosted its reserves by 22% to 2.13 million ounces of gold.

As previously announced, Regis declared a final dividend of 9c per share, for a full-year dividend of 13c per share.

It takes Regis’ fully franked dividend payments to $170 million since 2013.

Regis finished the year with cash and bullion of $122.3 million and no debt.

“The robust cash operating margin has seen cash on the balance sheet build and has underpinned the payment of 13c/share in dividends for the year,” Regis executive chairman Mark Clark said.

“It is also exciting that our organic growth strategies are delivering opportunities to increase reserves and a higher medium-term production outlook.”

Regis shares were unchanged at $3.85 this morning.