Key points
- Revenue up 3% to $130.97 million
- Profit after tax down 92% to $1.87 million
- Dividend policy remains in place, no dividend declared
Full summary
Fenix Resources Ltd has released its Appendix 4D for the half-year ended 31 December 2024. The company reported revenue from continuing operations of $130,973,502, up 3% from the prior corresponding period. However, profit after income tax expense from continuing operations attributable to owners was $1,874,310, down 92% compared to the prior corresponding period of $22,051,532. The company's dividend policy remains in place, with the board committed to maintaining a robust balance sheet to support the company's current and future funding requirements. There were no entities over which control has been gained or lost during the period. The interim financial report for the period ended 31 December 2024 has been audited by Grant Thornton Audit Pty Ltd.