CAPITAL MARKETS

Altona increases guidance, profits down

ALTONA Mining has reported stronger production guidance and sales for the half-year to December as well as “increasing levels of profitability”, despite a 69% year-on-year slump in profit after tax for the period.

Justin Niessner

Altona increases guidance, profits down

Profit after income tax and non-cash adjustments related to Finnish tax and tax losses was $A4.3 million, compared to $14.2 million in the same period a year ago. The company also reported a dramatic...

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