ASX- and Aim-listed mineral sands manufacturer and programmer Base Resources has actually reported profits of $135.1-million for the fiscal year finished June 30, which is a 50% decrease on profits reported for the previous fiscal year, owing to reduced manufacturing and sales quantities. Incomes prior to passion, tax obligations, devaluation and amortisation stood at $26.4-million, with a hidden bottom line after tax obligation of $1.6-million. Cost-free capital was $25.7-million, with running capital of $45.4-million, much less $19.7-million spent to change mining at the Kwale procedure, in Kenya, to the staying orebodies and to advance the Toliara task, in Madagascar.
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