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CNMC Goldmine swings back into the black with 2HFY2021 earnings of US$1.68 mil

The Edge Singapore
The Edge Singapore2/24/2022 09:20 PM GMT+08  • 2 min read
CNMC Goldmine swings back into the black with 2HFY2021 earnings of US$1.68 mil
The company's planned dividend of 0.8 cent per share represents a payout ratio of 143%
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CNMC Goldmine Holdings has reported earnings of US$1.68 million for its 2HFY2021 ended Dec 2021, reversing from a loss of US$2.63 million incurred in the year earlier period.

For the full year, the company reported earnings of US$1.72 million, versus a loss of US$3.54 million reported for FY2020.

Revenue for FY2021 increased by 37.7% over FY2020 to reach US$32.9 million.

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