Fortress Minerals' Attributable Profit Up 6% in Fiscal Q1; Shares Down 5%

MT Newswires

2025/07/02

Fortress Minerals' (SGX:OAJ) profit attributable to owners rose 6.1% to $2.5 million in the fiscal first quarter from $2.3 million a year earlier, according to a Tuesday filing with the Singapore Exchange.

Shares of the company were down nearly 5% in recent trade on Wednesday.

Earnings per share climbed to $0.0047 from $0.0044 in the year-ago period.

Revenue jumped 63% year over year to $15.9 million from $9.8 million due to higher exports of iron ore.

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