CAPITAL MARKETS

Strong result by Zinifex

THE re-badged Pasminco, now known as Zinifex, has returned to public life with a vengeance, recording a net profit of just under $235 million in its first full year of operations.

Michael Quinn
Strong result by Zinifex

The performance was reportedly some 273% ahead of forecast made prior to Zinifex’s listing last year. A fully franked dividend of 4c was declared, with revenues of $A1.9 billion primarily the result...

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