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How Did Zimplats Triple Profits Amid Mining Setbacks and No Dividend?
1:09am on Saturday 30th of August, 2025 AEST
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Mining
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How Did Zimplats Triple Profits Amid Mining Setbacks and No Dividend?
1:09am on Saturday 30th of August, 2025 AEST
Key Points
Revenue increased 8% to US$826.6 million driven by 13% higher metal prices
Profit before tax rose 77% to US$66.4 million; net profit after tax jumped 393% to US$40.5 million
Mined volumes declined 2% due to equipment availability; ore grade improved 1%
Capital expenditure fell sharply to US$161 million from US$440 million amid project progress
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Zimplats Holdings (ASX:ZIM)
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