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Fortescue Metals Reports NPAT of $2,453m for Half-Year to 31 December 2019

30 Mar 2020  |  17:49:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Half Yearly Report and Accounts

Fortescue Metals reported NPAT of $2,453m for the half-year ended 31 December 2019. Revenue from ordinary activities were $6,485m, up 83% from last year. Diluted EPS was 79.7 cents compared to 20.8 cents last year. Net operating cash flow was $3,114m compared to $948m last year. The interim dividend declared was 76 cents, compared with 13.41 cents last year.

Fortescue Metals Half Year Results to 31 December 2019

6 Months to 31 December 2019 (US$'000) 6 Months to 31 December 2018 (US$'000)
Revenue 6,485,000 3,540,000
Pre-Tax Profit 3,427,000 916,000
Net Profit 2,453,000 644,000
Operating Cash Flow 3,114,000 948,000
Interim Dividends (cents) 76 13.41
Diluted EPS (cents) 79.7 20.7
NTA (cents) 406 324
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