Base Resources Interim Profit Plunges As Sales Volumes Fall
Base Resources Interim Profit Plunges As Sales Volumes Fall Mon, 22nd Feb 2021 10:09 (Alliance News) - Base Resources Ltd on Monday reported a plunge in profit for the first half of its financial year, as revenue declined on lower sales volumes, offset by a rise in the average price of products. For the six months ended December 31, the Perth, Australia-based, Africa-focused miner posted pretax profit of USD1.0 million, down 92% from USD13.0 million a year before, on sales revenue that declined...
Source: lse.co.uk