Normalised earnings for the quarter to end-December totaled 19 cents per share from 17 cents in the previous three months.
On a year-on-year basis, earnings were down 85%, a reflection of the falling gold price, which shed 28% in 2013, its biggest loss in three decades.
Gold Fields' normalised earnings are based on new standards by the which look at all costs and most capital expenditures, a company spokesperson said.
The company's 21% increase in production during the quarter to 598 000 ounces was mostly because and the new assets in , which added 114 000 ounces of output.
"There has been a significant improvement in Damang's performance. Damang increased its production by 39% from 32 600 ounces in the September 2013 quarter to 45 400 ounces in the December 2013 quarter," the company said.
This is a rare bright spot in where other companies such as AngloGold Ashanti are battling with loss-making operations.