Profit surge for MinRes

MINERAL Resources has posted a full-year underlying net profit after tax of $1.1 billion, up 230% on the previous year.

Profit surge for MinRes Profit surge for MinRes Profit surge for MinRes Profit surge for MinRes Profit surge for MinRes

Chris Ellison

Statutory NPAT was up 26% to $1.26 billion, including $33 million of post-tax impairment charges in relation to intangibles, plant and equipment and inventory.

Revenue jumped 76% to $3.