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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 13% year-on-year to USD72.8 million from USD83.5 million. From its Kwale operations in Kenya, ilmenite production declined 13% to 144,363 tonnes, leading to sales dropping 22% to 129,300 tonnes from 166,653 tonnes.

Western australiaCity ofUnited kingdomDayo laniyanTim carstensResources ltd onAlliance newsResources ltdBase resourcesNorth duneManaging director timAll rightsமேற்கு ஆஸ்திரேலியாநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்நேரம் கார்ஸ்டன்ஸ்