Resolute Mining see a boost in gold and silver sales
Resolute Mining (ASX:RSG) reports a half year net profit after tax of $39 million for the six month period ended 30 June 2019, the same as the prior corresponding period.
Revenue for the period was up 33 per cent to A$324 million, generating a gross profit from operations of $69 million, up 77 per cent on the last half.
As part of the Company’s listing on the London Stock Exchange and to synchronise the consolidation of its African subsidiary companies’ accounts, Resolute changed its financial year end to 31 December.
Shares in Resolute Mining (ASX:RSG) last traded at $1.72.
Copyright 2019 – Finance News Network
Source: Finance News Network
