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MinRes falls on softer profit

Mineral Resources shares dropped as much as 10.7% today after it posted weaker half-year earnings

Kristie Batten

Revenue fell 35% to A$555 million, while normalised net profit after tax dropped 63% to A$34 million. Reported EBITDA fell 80% to $72 million due to an unrealised accounting loss of $30 million for...

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