Fortress Minerals Limited Announces Earnings Results for the Second Quarter and Half Year Ended August 31, 2020
October 07, 2020 at 08:52 am EDT
Fortress Minerals Limited announced earnings results for the second quarter and half year ended August 31, 2020. For the quarter, the company reported revenue of USD 12,985,000 against USD 7,783,000 a year ago. Net profit after tax was USD 5,681,000 compared to USD 2,518,000 a year ago. Earnings per share jumped to 1.14 US cents, an increase of 128.0%.
For the half year, the company reported revenue of USD 20,076,000 against USD 13,624,000 a year ago. Net profit after tax was USD 7,840,000 compared to USD 3,609,000 a year ago.