Iron-ore miner Atlas Iron has returned to net profits during the half-year ending December, on the back of increased underlying earnings before interest, tax, depreciation and amortization (Ebitda) and higher exports.
Net profits after tax for the interim period reached A$18.9-million, compared with a loss of A$114.3-million in the first half of 2016. Underlying Ebitda for the same period was up from A$20.5-million to A$66.2-million.
