Australia's Northern Star Resources posts 49% rise in first-half profit

Reuters

02/12

Australia's <a href="https://laohu8.com/S/STIC.U">Northern Star</a> Resources posts 49% rise in first-half profit

Feb 12 (Reuters) - Australia's Northern Star Resources NST.AX posted a 49% rise in its first-half profit on Thursday, boosted by higher realised gold prices.

The gold miner reported underlying net profit after tax of A$759.8 million ($541 million) for the half year ended December 31, compared with A$511.5 million a year earlier.

($1 = 1.4043 Australian dollars)

(Reporting by Sherin Sunny in Bengaluru; Editing by Sriraj Kalluvila)

((Sherin.Sunny@thomsonreuters.com;))

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