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How Did ASF Group Turn a $9.3M Loss into a $25.8M Profit in One Year?

4:36pm on Friday 29th of August, 2025 AEST Resources
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How Did ASF Group Turn a $9.3M Loss into a $25.8M Profit in One Year?

4:36pm on Friday 29th of August, 2025 AEST
Key Points
  • Profit jumps 378% to $25.8 million including $32.7 million non-recurring gain
  • Revenue falls 70.3% to $799,724 following completion of major property project
  • Debt fully converted to equity, leaving company debt-free
  • Significant disposals include ASF Resources and Dawson West coal project
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