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An announcement from Fortress Minerals Limited ( (SG:OAJ) ) is now available.
Fortress Minerals Limited reported a 7.6% year-on-year decrease in revenue to US$38.3 million for the first nine months of FY2025, attributed to lower average selling prices. Despite the decline, the company maintained a healthy profit margin of 64.4% and generated a net cash flow of US$9.7 million from operations. The Group emphasizes its strategy of expanding production capabilities to grow long-term shareholder value, supported by robust regional demand and stable offtake agreements.
More about Fortress Minerals Limited
Fortress Minerals Limited is a high-grade iron ore concentrate producer and exporter based in Malaysia. The company focuses on enhancing its production capabilities to expand and diversify its revenue streams, primarily serving strong regional demand through recurring offtake agreements.
YTD Price Performance: 0.0%
Average Trading Volume: 11,433
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$125.6M
For detailed information about OAJ stock, go to TipRanks’ Stock Analysis page.
