Nickel slump hits Mincor's bottom line

MINCOR Resources has posted a $A34.2 million net loss after running into strong headwinds in the second half.

Nickel slump hits Mincor's bottom line Nickel slump hits Mincor's bottom line Nickel slump hits Mincor's bottom line Nickel slump hits Mincor's bottom line Nickel slump hits Mincor's bottom line

The result for the financial year was down on the $1.8 million profit posted last year, with revenue slumping 21% to $85.6 million.

Cash flow from operating activities fell about 20% to $25.