Fortress Minerals reports lower net profit after tax for H1
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Fortress Minerals reported a lower net profit after tax of $8.8 million for H1 2026, a 35.29% decrease year-on-year, despite a 28.2% increase in revenue to $42 million. The rise in revenue was attributed to higher sales volume of 190,066 dry metric tonnes, but was offset by a 2.4% decline in the average selling price to $111.83 per DMT, influenced by weaker iron ore price indices.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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