Steady profit for OZ despite growth spend

OZ Minerals has posted a steady full-year profit after a huge year of investment in growth.

Steady profit for OZ despite growth spend Steady profit for OZ despite growth spend Steady profit for OZ despite growth spend Steady profit for OZ despite growth spend Steady profit for OZ despite growth spend

OZ's Prominent Hill mine in South Australia

Revenue was up 9.2% to A$1.11 billion, while net profit after tax dropped 3.8% to $222.4 million.

That was despite the company expensing an additional $46 million on progressing growth projects.