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Kingsgate – Strong Second Half Profit & Return to Dividends

Gold producer Kingsgate Consolidated Ltd (ASX: KCN) has reported a net profit after tax of $33 million or 35 cents earnings per share. Kingsgate declared a 15 cent per share fully franked dividend to the year end 30 June 2009. The profit for 2009 compares favourably with the 2008 profit of $36 million which was…