NGF norton gold fields limited

excellent profit resuls

  1. 5,484 Posts.
    lightbulb Created with Sketch. 4197
    What a great turnaround for this company.

    Excellent profit results.

    Net income after tax of a $22 million gain, compared to a $15 million loss in 2012.

    $40 million cash on hand.

    Total revenues of $260 million.

    Net tangible assets per share are now 29.64 cents per share, which represents a doubling since 2012.

    This is a very good turnaround story, Dianmin and his friends have done an excellent job since Zijin has taken over this company, now well managed, with profits increasing each month.

    Gw



 
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Currently unlisted public company.

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