Resolute Mining Showcases Mixed Financial Results

Resolute Mining Limited (AU:RSG) has released an update.

Resolute Mining Limited reported a half-year revenue of $341.5 million, up 4% from the previous year, and an EBITDA increase of 15% to $116.4 million. However, net profit after tax saw a significant decline of 62% to $33.4 million. The company also strengthened its financial position with net cash increasing to $96.6 million, marking a significant turnaround from the previous year’s net debt.

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