Burgundy Diamond Mines Posts Remarkable Profit

Burgundy Diamond Mines Ltd (AU:BDM) has released an update.

Burgundy Diamond Mines Limited has reported a significant turnaround with a net profit of $10,083 thousand for the half-year ended June 30, 2024, a substantial increase from a net loss of $676 thousand in the previous period. Despite a 13% decline in total revenue, the company has also seen a 9% increase in net tangible assets per share. No interim dividends were declared or paid during this period.

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