07
Sep
03:01
Nickel Industries profit rises on higher revenue
Australian nickel producer Nickel Industries’ profit after tax for the first half ended 30 June, 2022, rose 42.65% to $118.4 million from $83m a year ago, Kallanish notes.
The group’s higher profit was in tandem with its revenue which surged 78.39% to $515m from $228.7m a year ago.
According to the group, the first half financial performance was underpinned by strong and consistent rotary kiln-electric furnace (RKEF) production from Hengjaya Nickel …
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