PROFIT & LOSS

Bushveld H1 profits increase exponentially

Vanadium producer Bushveld Minerals (AIM:BMN) saw its profits make a big year-on-year jump in the first half of 2018 after increasing its stake in Vametco to 59.1% at the end of last year.

Staff reporter
Bushveld had a good H1 2018 thanks to its controlling interest in Vametco

Bushveld had a good H1 2018 thanks to its controlling interest in Vametco

It again upped its interest in Vametco in September to total 75%. Consolidated profit after tax for the six-month period was £21.1 million (US$27.8 million), up from only £1.1 million a year ago. ...

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