Independence swings to H1 profit, warns of Nova ramp-up delay

February 21, 2017

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Diversified metals miner Independence Group has swung back to a profit in the six months ended December 31, on the back of higher underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) and revenue.

Profit for the half-year reached A$202-milion, compared with a loss of A$77.8-million in the first half of the 2016 financial year.

Category: General