Aug 28 (Reuters) - Australia's Fortescue (FMG) posted a 3% rise in its annual profit on Wednesday, as it shipped out higher volumes of iron ore following the start-up of its Iron Bridge magnetite project.
The world's fourth-largest iron ore miner said underlying net profit after tax was $5.66 billion for the year ended June 30, compared with $5.52 billion reported a year ago. The figure missed a Visible Alpha consensus estimate of $6.11 billion.
News: FMG Australia's Fortescue posts 3% rise in annual profit on Iron Bridge boost
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Last
$18.87 |
Change
-0.220(1.15%) |
Mkt cap ! $58.99B | |||
| Open | High | Low | Value | Volume |
| $19.25 | $19.26 | $18.81 | $72.98M | 3.827M |
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| No. | Vol. | Price($) |
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| 3 | 116 | $18.86 |
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| Price($) | Vol. | No. |
|---|---|---|
| $18.87 | 2769 | 6 |
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| FMG (ASX) Chart |