Fortress Minerals

Results

Fortress Minerals reports 7.6% lower y-o-y earnings for 1QFY2025

The decrease was mainly driven by a drop in sales volume, as well as a lower average realised selling price.

Results

Fortress Minerals earnings dips 17.1% y-o-y to US$10 mil in FY2024

The Malaysia-based miner plans to pay a final dividend of 0.6 cents for FY2024.

Commodities

Fortress Minerals subsidiary signs new 12-month offtake agreement with third-party domestic steel mill

Fortress Resources has agreed to deliver approximately 240,000 wet metric tonnes of iron ore from Jan 2 to Dec 31.

Results

Fortress Minerals earnings down 27.3% y-o-y for 3QFY2024

The company reported earnings of US$2.2 million for the 3QFY2024 ended Nov 30.
Straits Trading tops sector with divestment gains; Fortress Minerals rides on rising commodity prices - THE EDGE SINGAPORE

Billion Dollar Club 2023

Straits Trading tops sector with divestment gains; Fortress Minerals rides on rising commodity prices

Straits Trading is one of the oldest listed companies in Singapore.\
Fortress Minerals excels in the evolving mining industry - THE EDGE SINGAPORE

Billion Dollar Club 2023

Fortress Minerals excels in the evolving mining industry

The group focuses on maximising efficiency in its current assets.

Commodities

Fortress Minerals signs new offtake agreements with third-party domestic steel mill

The agreements will contribute positively to the group’s EPS for the FY2024 ending Feb 29, 2024.
Fortress Mineral's 1HFY2024 net profit falls 21.8% - THE EDGE SINGAPORE

Results

Fortress Mineral's 1HFY2024 net profit falls 21.8%

Fortress Minerals' 1HFY2024 net profit falls 21.8% due to lower selling prices, higher costs

Insider moves

The Hour Glass maintains buybacks; Fortress Minerals' CEO Chee raises stake

In the previous FY2023 ended March 31, The Hour Glass had spent a total of $55.3 million to buy back its shares
Fortress Minerals reports 1QFY2024 earnings of US$2.5 mil, 40.2% lower y-o-y - THE EDGE SINGAPORE

Results

Fortress Minerals reports 1QFY2024 earnings of US$2.5 mil, 40.2% lower y-o-y

EPS for the period fell to 0.48 US cents, 42.9% lower y-o-y.
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