11 September 2024 - final results
The company has produced its annual results for the year to 30 June and. as expected, these have shown a sharp reduction in profitability. Revenues for the year declined to US$81.7m (2023: US$130.2m) despite the fact that production of platinum group metals (platinum, palladium and rhodium) was only slightly down on the previous year. What has caused the decline in revenue and sharp fall in profit has been the weakness in commodity prices during the year as these have slumped by 35%. Pre-tax profit for the year has therefore fallen . . .
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