Griffin Mining First Half 2024 Earnings: EPS: US$0.059 (vs US$0.028 in 1H 2023)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 19 2024
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Source: Yahoo Finance
Financial Performance: Griffin Mining reported a 23% increase in revenue to US$85.7 million and a net income rise of 118% to US$11.3 million for the first half of 2024, with an improved profit margin of 13%.
Future Outlook: Revenue is projected to decline by an average of 5% annually over the next three years, contrasting with a 1.3% growth forecast for the UK Metals and Mining industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
