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Kagara posts impressive H1 profit

HIGHER metal production from its wholly-owned Mt Garnet operations in north Queensland and strong commodity prices propelled Kagara Zinc to a record net profit of $38.9 million for the half-year ended December 31, 2006, increasing sharply from $5.4 million in previous corresponding period.

MiningNews.Net
Kagara posts impressive H1 profit

Kagara's revenue also leapt to $123.9 million from $31.4 million the previous year. In its half-year report, the company said the profit for the six-month period exceeded the annual profit of $35.6...

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