Asia
Fortress Minerals Returns to Profit in Fiscal Q4; Shares Up 4%
Fortress Minerals (SGX:OAJ) booked an attributable profit to owners of $902,953 in the fiscal fourth quarter ended Feb. 28, against an attributable loss of $974,379 a year earlier, according to a Tuesday filing with the Singapore Exchange.Shares of the mineral exploration company were up 4% in Wednesday morning trade.Earnings per share came in at $0.0017 compared with a loss per share of $0.0019 in the year-ago period.Revenue declined 25% year over year to $13.5 million from $18.0 million.
SGX:OAJ
