Preliminary Final Report
| Stock | Jupiter Mines Ltd (JMS.ASX) |
|---|---|
| Release Time | 29 Aug 2025, 8:57 a.m. |
| Price Sensitive | Yes |
Jupiter Mines Ltd Releases Preliminary Final Report
- Jupiter Group net profit after tax $40.1 million (FY2024: $38.9m)
- Share of profit from Tshipi $42.5 million (FY2024: $40.0m)
- Jupiter to pay final FY2025 dividend of $0.0075 per share
Jupiter Mines Limited (ASX: JMS) has released its Preliminary Final Report for the 12 months to 30 June 2025 (FY2025). The Group reported a net profit after tax of $40.1 million, up from $38.9 million in the prior year. Jupiter's 49.9% share of profit from its joint venture Tshipi was $42.5 million, up from $40.0 million in FY2024. The company's marketing branch generated $9.4 million in fee revenue, up from $8.1 million in the prior year. Jupiter ended the financial year with $13.2 million in cash. The Board of Directors of Tshipi declared a final dividend of ZAR300 million for the second half of the financial year, with Jupiter receiving its $12.2 million share. In turn, Jupiter will pay its shareholders a $0.0075 per share dividend for the second half of FY2025.
Jupiter expects to maintain its strong financial performance, with its 49.9% share of profit from the Tshipi joint venture projected to remain around $42-45 million for the 2026 financial year.
Jupiter remains optimistic about the outlook for the manganese market, with demand expected to continue growing, particularly from the steel industry. The company is well-positioned to benefit from its strategic joint venture interest in the Tshipi mine.