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Anglo-Asian Mining reduces revenues in Azerbaijan
Finance
- 24 September, 2021
- 07:26
The revenues of Anglo Asian Mining plc ("Anglo Asian", the "Company" or the "Group"), the AIM-listed copper, gold, and silver producer in Azerbaijan, in the first half of 2021 amounted to USD 43.5 million, down 5.02% or USD 2.3 million from the previous year, Report informs, citing the Company.
The profit before taxation in H1 2021 made up USD 5.9 million, while it was USD 11.8 million in the same period of 2020.
Free net outflow in the first half of 2021 was USD 0.4 million, while the inflow stood at USD 13.4 million.
The forecast on free cash flow for 2021 is between USD 10 million to USD 15 million.
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