Tri-Star Resources Plc reports profit before tax of £422k in H1 FY19

  • Sep 30, 2019 BST
  • Team Kalkine
  • Tri-Star Resources Plc (TSTR) has announced the interim results for the six month period ended 30 June 2019.
  • The company reported a profit before tax of £422k, while it was a loss before tax of £1,159k in H1 FY18.
  • Reflecting the increase in the SPMP loan, the company’s net assets surged by 270 per cent to £17.8 million as compared to £4.9 million as on 30 June 2018.
  • On-going administrative expenses during the reported period were down 51 per cent to £328k as compared to £668k in H1FY18.
  • On 30th September 2019, at the time of writing, GMT 08:03 AM, TSTR shares were trading at GBX 37.90, up by 0.40 points or 1.07% against the previous day closing price.

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