{
  "id": 9088397,
  "title": "Serabi reports first-half profit of $30.1 million",
  "url": "https://urgent.news/2026/09/22/serabi-reports-first-half-profit-of-30-1-million",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T05:02:49.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/serabi-reports-firsthalf-profit-of-301-million-93CH-4909863"
  },
  "original_language": "en",
  "account": "Brazilian gold mining firm Serabi Gold reported a first-half profit of $30.1 million for the period ending June 30, 2026. This represents a significant increase from $18.9 million in the same period last year. The company generated $100.1 million in revenue, driven by a higher realized gold price of $4,687 per ounce compared to $3,093 per ounce in the first half of 2025. Gold production rose to 23,049 ounces from 20,545 ounces a year earlier. EBITDA improved to $44.4 million, up from $26.3 million, while cash reserves increased to $65.7 million as of June 30, 2026. Serabi remains debt-free and repaid $5.3 million to Banco Santander during the first quarter of 2026. The company received approval to continue the corporate income tax reduction incentive for the Palito Gold Complex in Brazil until 2035, maintaining an average tax rate of around 15.25 percent.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}