CAPITAL MARKETS

Aeris back in black with 200% profit growth

AERIS Resources has posted a net profit for the December half, up 260%, while cashflow was up more than 1000%, and debt has almost been obliterated. 

 Aeris' Tritton plant

Aeris' Tritton plant

Net profit was up to A$46 million from a gross profit that was up 1200% to $60.6 million, while cashflow was up 1053% to $72 million, and revenues were up 99% to $214 million.   Net debts plunged 70%...

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