FMG knocks it out of the park

FORTESCUE Metals Group shares have hit a two-year high after the company released its December half results.

FMG knocks it out of the park FMG knocks it out of the park FMG knocks it out of the park FMG knocks it out of the park FMG knocks it out of the park

Elizabeth Gaines at Herb Elliott in Port Hedland

The company posted a half-year net profit after tax of US$644 million, down 5% year-on-year but much higher than UBS' forecast of $543 million.