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The latest announcement is out from Fortress Minerals Limited ( (SG:OAJ) ).
Fortress Minerals Limited reported a significant increase in revenue for the fourth quarter of FY2025, with a 43.8% year-on-year rise to US$18.0 million, driven by strong sales volume growth. The company achieved a record annual sales volume of 632,424 DMT, marking a 14.8% increase from the previous year. Despite a decrease in average selling prices, the company maintained a robust gross profit margin of 47.7% for the quarter. Fortress Minerals is well-positioned to expand and diversify its revenue streams, leveraging its role as a key player in the high-grade iron ore concentrate market.
More about Fortress Minerals Limited
Fortress Minerals Limited is a producer and exporter of high-grade iron ore concentrate based in Malaysia. The company focuses on meeting regional demand for its products, positioning itself as a preferred partner in the industry.
YTD Price Performance: -12.50%
Average Trading Volume: 40,632
Technical Sentiment Signal: Buy
Current Market Cap: S$107.3M
Find detailed analytics on OAJ stock on TipRanks’ Stock Analysis page.