AIC Mines Limited’s Remarkable Financial Rebound

AIC Mines Limited (AU:A1M) has released an update.

AIC Mines Limited reported a significant financial turnaround with revenues soaring by 44% and a 232% increase in profit after tax for the fiscal year ending June 30, 2024. The company also showed a strong EBITDA growth of 112%, although no dividends were paid or declared during this period. Shareholders can take note of a marked improvement in net tangible assets per share, which increased from 50 cents to 56.54 cents.

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