Jupiter Mines Releases Preliminary Final Report for FY20

  • Apr 29, 2020 AEST
  • Team Kalkine

Jupiter Mines Limited (ASX:JMS) has released a preliminary final report for the year ended 29 February 2020.

  • Sales and production fell to 3.41mt in FY20 from 3.51mt and 3.45mt last year respectively
  • Revenue fell 21% to $10.3 million in FY20 compared to $13.1 million in FY19
  • Profit for the year was down by 31.1% to $95.1 million from $138 million in FY19

The Government of South Africa mandated lockdown due to COVID-19 including Tshipi mine which led to fall in the supply and increase in magnesium price. All open cast mines will be able to operate from 1 May 2020 at full capacity.

The Board also announced to pay an unfranked final dividend of $0.0075 per share for FY20 on 21 May.


The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. All pictures are copyright to their respective owner(s). Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK