CAPITAL MARKETS

Mount Gibson posts 62% profit slump

MOUNT Gibson Iron has revealed a 62% year-on-year plunge in net profit after tax to $42.6 million for the 2009 financial year.

MiningNews.Net
Mount Gibson posts 62% profit slump

In its full-year financial results, the Perth-based company reported a 2% dip in sales revenue to $25.4 million while net assets increased by 31% to $780.4 million. Cash on hand at June 30 was $222.2...

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