
AfriTin Mining 'we have ability to be profitable as well as scalable' with revenues up over 400%
Published at : September 30, 2021
AfriTin Mining Ltd (AIM:ATM, FRA:9IA) CEO of AfriTin Mining talks to Proactive London about reporting revenues of £5.1mln in the six months to August 2021.
These results mark an increase of 468% over the corresponding six-month period a year earlier.
Gross profit margin was 22, positive free cash flow generated was £560,000, and cash and cash equivalent amounted to £6.3mln at period as the company’s tin producing operation at Uis in Namibia really began to show its worth.
These results mark an increase of 468% over the corresponding six-month period a year earlier.
Gross profit margin was 22, positive free cash flow generated was £560,000, and cash and cash equivalent amounted to £6.3mln at period as the company’s tin producing operation at Uis in Namibia really began to show its worth.

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