MGX News: Mount Gibson Iron Reports First Half 2023 Earnings - 24th Feb 2023, 7:25am

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Mount Gibson Iron (ASX:MGX) First Half 2023 Results

Key Financial Results

Revenue: AU$152.0m (up 456% from 1H 2022). Net income: AU$7.40m (up from AU$65.6m loss in 1H 2022). Profit margin: 4.9% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mount Gibson Iron Earnings Insights

Looking ahead, revenue is forecast to grow 36% p.a. on average during...

>>> Read more: Mount Gibson Iron Reports First Half 2023 Earnings
 
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