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BSE Base Resources News Story

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Basic MaterialsHighly SpeculativeSmall Cap

Australia's Base Resources gains on positive HY results

** Shares of Base Resources Ltd  BSE.AX  rise as much as
4.4% to A$0.24, their highest since Jan 11
    ** The mineral sands developer says its first-half NPAT (net
profit after tax) for 2023 more than doubled to $44.6 mln from
$19.2 mln a year earlier
    ** Co declared a interim dividend of 2 AU cents per share
    ** Posts HY revenue of $126.6 mln, up from $104.6 mln a year
earlier
    ** BSE up 2.2% this year, as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))

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