CAPITAL MARKETS

Solid result for Sandfire

SANDFIRE Resources has posted a solid half year result, with net profit edging 9% lower to $A30.6 million on the back of lower copper prices and production disruptions.

Andrew Duffy
Solid result for Sandfire

Sales revenue for the six months to December was up 6% to $264 million, while cash flow dropped slightly to $100 million. Sandfire said the result allowed it to aggressively lower debt to $130 million...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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