Australia's Deterra Royalties hits 14-month high on strong annual results

Deterra Royalties

19/08/2025 02:59

** Shares of Australia's Deterra Royalties Ltd DRR.AX rise as much as 2.8% to A$4.545, their highest level since June 11, 2024

** Royalty assets manager logs FY NPAT of A$155.7 million   ($101.02 million), compared with A$154.9 million a year earlier

** Says FY revenue jumps 10% to A$263.4 mln

     ** Stock last up 2.2%, bringing YTD gains to 21.5%

($1 = 1.5413 Australian dollars)

 (Reporting by Shruti Agarwal and Nichiket Sunil in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))