Fortress Minerals sees over 19% net profit after tax decline in 9M 2024

Revenue also declined by 7.48% to $52m.

Fortress Minerals' net profit after tax drops by 19.14% to $10.3m (US$7.52m) during the nine months ended in the financial year 2024, according to the company’s financial report.

Revenue also declined by 7.48% to $52m attributed to lower sales volume due to production being paused at Mengapur.

Earnings before income tax, depreciation and amortisation decreased by 16.27% to $19.6m.

($1=US$0.73)

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