AIC Mines Limited Announces Robust Half-Year Financial Results for 2024

An announcement from AIC Mines Limited ( (AU:A1M) ) is now available.

AIC Mines Limited reported a notable financial performance for the half-year ending December 31, 2024, showcasing a 2% increase in revenue to $93.2 million. The company achieved a significant rise in statutory profit before income tax by 150% to $9.5 million, and an impressive 263% surge in profit after tax attributable to members, reaching $8.1 million. Despite these financial gains, no dividends were declared. The earnings per share improved substantially, reflecting the company’s robust operational performance and enhanced shareholder value during the period.

More about AIC Mines Limited

AIC Mines Limited operates in the mining industry, focusing on extracting and processing mineral resources. The company primarily engages in the production and sale of minerals, with a market focus on ensuring profitability and operational efficiency.

YTD Price Performance: 41.18%

Average Trading Volume: 13,856

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $146.2M

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