Pilbara Minerals Reports Sharp Decline in 2024 Earnings
Company Announcements

Pilbara Minerals Reports Sharp Decline in 2024 Earnings

Pilbara Minerals Limited (AU:PLS) has released an update.

Pilbara Minerals Limited has reported a significant downturn in its financial performance for the fiscal year ended 30 June 2024, with revenue plummeting by 69% and profits after tax dropping by 89% compared to the previous year. The company also announced that no dividends will be paid to shareholders for the year. Additionally, the net tangible asset per security saw a slight decrease from $1.13 to $1.08.

For further insights into AU:PLS stock, check out TipRanks’ Stock Analysis page.

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