Genesis Minerals Posts Higher Fiscal H1 Earnings, Revenue

MT Newswires Live
02-19

Genesis Minerals (ASX:GMD) reported Wednesday fiscal first-half earnings of AU$0.053 per diluted share, up from AU$0.0219 per diluted share a year earlier.

Analysts polled by Visible Alpha expected earnings of AU$0.051 per diluted share.

Revenue from ordinary activities for the six months ended Dec. 31, 2024, was AU$338.7 million, a 57% jump compared with AU$215.9 million a year earlier. Analysts surveyed by Visible Alpha expected total revenue of AU$337.7 million.

Analysts polled by Visible Alpha expect net earnings of AU$0.112 per diluted share on total revenue of AU$490.1 million for the second half of the fiscal year. They also expect net earnings of AU$0.166 per diluted share on total revenue of AU$827.8 million.

The firm did not propose to pay an interim dividend for the reported period.

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